Get started
InvestingScope

XAUUSD: Quick sell opportunity within the Triangle.

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
InvestingScope  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators XAUUSD XAU Gold goldusd GC1! (Gold Futures) Metals Commodities preciousmetals
25
3
trendanalysis chartpattern indicator xauusd xau gold goldusd gc1! metals commodities preciousmetals
Following the exhaustion of the 1D Rising Wedge, Gold has been trading sideways on 4H (Williams = -48.077, CCI = 33.7421, Highs/Lows = 0.0000) forming a Triangle. The inability so far to break 1,300 is certainly not encouraging and calls for a stronger pull back, but focusing on the very short term outlook, a solid sell opportunity is presented within the Triangle. TP = 1,287.20.





** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.
Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
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.