XAUUSD daily
Target area (a) is being reached, 1365-1392 , triangle
formation potentiality obstacle(abcde), needs to break through for continuation
into target (b) 1433 . Support, holding the 5/6 uptrend_line, 1330 support and key 100 sma .
RSI is overbought somewhat short term.
Weekly Chart is bullish (channels) and RSI .
Target area (a) is being reached, 1365-1392 , triangle
formation potentiality obstacle(abcde), needs to break through for continuation
into target (b) 1433 . Support, holding the 5/6 uptrend_line, 1330 support and key 100 sma .
RSI is overbought somewhat short term.
Weekly Chart is bullish (channels) and RSI .
Related Ideas
rv
Gold may be seeking its cycle low, next few days. Next turning point 18-21 July.
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rv
rv
strong rebound, support found on 50% retracement, 50 sma, med line, reverse Triangle. swing low.
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