Karina_Bella

Gold formed the price increase sample ?

Karina_Bella Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello dear friends.

Today, gold continues to trade steadily around the price range of $1915 after experiencing a strong increase last Friday.

From the observed 4-hour chart, we can see that the "Cup and Handle" pattern has formed. It is expected that a slight price decline will occur if the pattern is completed, followed by an anticipated increase with Karina's target set at $1980.

What are your thoughts on the market today and for this week?
Comment:
The milestones to note today:

👨‍💻 XAUUSD Buy zone 1910 - 1908

👨‍💻 XAUUSD Sell zone 1918 - 1920
Comment:
War Sell Strategy is active
Comment:
The market is waiting for information from the president of the US Federal Reserve (Fed), Jerome Powell on October 19 when he spoke at the New York Economic Club.
Comment:
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.