Technician

Gold: picking two short-term scenarios

FX:XAUUSD   Gold/U.S. Dollar
428 1 2
Short term bullish rebound scenario would be more likely on a break back above 1252.00 latest swing low and potential falling wedge, that could push for further upside to 1290.00 and probably 1306.00.

On the other hand, settling below the main descending support colored in pink and 0.786 retracmeent level may confirm a retest of 1208.00 and the the major swing low at 1183.00
My live trades here https://telegram.me/joinchat/DgsnQ0FzifLqyI2YAoMqqQ
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out