ap8forexchange

PITCHFORK - XAUUSD (High Probability - Bullish) Q3 2019

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Market Opportunities for 2019
XAUUSD - SPOT GOLD
VS
US Dollar Index ( DXY )

PITCHFORK - US Dolar Index (High Probability - Bearish) Q3 2019
Link:
XAUUSD analysis for Q3 - Q4 2019

This long-term move is based on Andrews's Pitchfork Analysis Technique
where we can see the price is now breakout on Median Line and based on the Pitchfork rules
1. Reversal in the Lower Line
2. Price will retest on Median Line (Resistance become Support)
3. High probability moving towards Upper Line
4. Bullish ABCD pattern is also forming

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.