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JasonFosterII
Mar 16, 2024 3:32 PM
XAUUSD 4H Trend Continuation Week of March 18th
Long
OANDA:XAUUSD
240
Gold
OANDA
Description
⋅
Mar 16, 2024 3:32 PM
4h is creating a pennant indicating strong possibility of continuation.
All time highs currently so only possible resistance levels to go off of is the Fib levels.
-23.6=TP1
-50=TP2
-61.8=TP3
Price is rejecting the 50% 4h fib level.
Trend Analysis
Chart Patterns
Gold
XAUUSD
bullishpattern
4h
pennantpattern
fibonnacci
trendcontinuation
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