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mostafalp
Apr 24, 2024 5:41 AM

xauusd 

Gold / U.S. DollarFOREX.com

Description

I saw a kind of wedge pattern on the weekend so thought that a correction wave is more possible around 2380.after a downtrend it is obvious that the first form of the pattern is completed around 2295.
Gold price is nursing losses while holding above $2,300, stalling its two-day decline, as traders look forward to the mid-tier US economic data for fresh cues on the US Federal Reserve (Fed) interest rates
the area of support and resistance shown on the chart...
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