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hordj
Apr 21, 2021 2:35 AM

Possibly A Nice Little Short Short

Gold/U.S. DollarFXCM

Description

Technical analysis
Plan 1:
If the price can break out and close below the potential target 3, Then XAU/USD will keep falling to retest the bottom wedge line.
Plan 2:
If the price rejects the potential targets 1, 2, or 3, I believe gold will go up to retest the upper broadening wedge line and most likely the upper major channel line.
Invalid if:
If the price can break out and close above the broadening wedge , then this analysis is no longer valid.

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Comments
BlessMarquee
Seems Legit 🐥
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