Gold | Falling Wedge Formation, Expecting Upside Breakout..!! Long

Gold/U.S. DollarFXCM

Description

⋅ Aug 25, 2020 2:17 PM

#XAUUSD (Update)

Falling formation in 1h timeframe.

In Case of Upside Breakout, expecting Bullish Wave towards the 1964..!!

If GOLD Price Fall Below 1900, this Pattern Will be Invalid..!!

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Thanks for Your Love & Support..!!

Comments

worldlyTortois36775

⋅ Aug 26, 2020 4:31 PM

Hi, Im new to trading. Still learning in fact. In this correction phrase, a good entry would be around 1920? is that correct?

Aree_nuy

⋅ Aug 26, 2020 2:27 PM

Later how? Please

G33K

⋅ Aug 26, 2020 12:53 PM

Still long?

Faibik

⋅ Aug 26, 2020 12:59 PM

@G33K yes if bounce back from 1900

WildRose0830

⋅ Aug 26, 2020 7:15 AM

do you think its still a down trend?

Faibik

⋅ Aug 26, 2020 7:20 AM

@WildRose0830 No, It's in Correction Phase

Aaric201

⋅ Aug 25, 2020 7:57 PM

Nice explanation

Faibik

⋅ Aug 26, 2020 12:38 AM

@Aaric201 Thanks for Appreciation

PolarHusk

⋅ Aug 25, 2020 4:49 PM

nice post, thanks for sharing

Faibik

⋅ Aug 25, 2020 5:03 PM

@PolarHusk Most Welcome