#XAUUSD 1H Technical Analysis and Expected move

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

Updated

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Chart Patterns Wave Analysis

trendanalysis chartpattern waveanalysis

After the Breakout of major ascending wedge and rejected from Descending trendline. Now market structure shows us once more Bearish wave if i am not wrong its a Bearish flag pattern i just need to wait for Breakout of bear flag pattern and ofcourse price action candlestick for confirmed entry.
Best of Luck

Trade closed: target reached:

snapshot

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