Sangam-Agarwal

Gold ending diagonal

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold 5 wave bullish trend has made a ending diagonal pattern in its 5th wave that have potential for $2000 price. Bulls will take their profit and seller will enter the market. Bears will target for 38.2% retracement of this rally on H4 Time frame.

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.