ForexDetective

XAUUSD - GOLD Next Possible Movement

TVC:GOLD   CFDs on Gold (US$ / OZ)
Technical Analysis Chart Update
XAU / USD ( Gold / U.S Dollar )
Time Frame - H4

According to the Long Time Frame #LTF we have Double Bottom if it Rejects from the 1680
We have BEARISH CHANNEL Pattern in Short Time Frame #STF and We need Rejection from the Lower Trend Line #LTL
We have ELLIOT WAVES as well in Short Time Frame #STF and it has completed the " 3rd " Wave and it is Possible that it can Follow Buy from Here Because at this Point we have Strong Resistance Level as well.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.