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TheAnonymousBanker

GOLD: Potential bullish consolidation

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
TheAnonymousBanker Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Wave Analysis goldlong goldtradingstrategy XAUUSD xauusdanalysis elliotwaveanalysis elliottwaveprojection Forex Commodities trendpattern
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trendanalysis harmonicpatterns waveanalysis goldlong goldtradingstrategy xauusd xauusdanalysis elliotwaveanalysis elliottwaveprojection forex commodities trendpattern
From a technical perspective, if Gold triggers trendline breakout, another bullish consolidation is possible, and the price should approach the resistance area in the short term. At the same time, if the swing manages to maintain a support area, we do not exclude the development of a harmonic structure with a target around 2,000. At the moment, we are still below the trendline.

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Comment:
🔴 Trade not active, invalidation level yet to be confirmed.
Comment:
🔴 Below 1970 we will no longer follow the formation of this potential Pattern:
snapshot
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By Anonymous Banker
A TradingView Fan since 2015
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