Get started
BLESSINGS-ELLIOTTWAVE

Gold trading with Channel down Pattern

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
BLESSINGS-ELLIOTTWAVE  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Parallel Channel down Bullish Patterns
1
0
chartpattern parallelchannel down bullish
Ending the session, Fakey declined to close above support at Fibo Retracement 61.8 at 1314. A sample of the triangle appeared after the close of yesterday's session at D1. Other patterns found in time frame D1 are the Channel Down pattern. Give priority to buy gold pairs. Signal price range 1313-1310.

Resistance: 1320.3-1325.5-1329.6

Support thresholds: 1307.7-1301.2-1296.0
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.