mr_norkhojayev

mr_norkhojayev Updated 

📈 Short Idea for Gold (XAU/USD) Attention Traders! We've spotted an intriguing opportunity in the gold market on the 15-minute (M15) timeframe that's worth a look. Key Observations: 1. Trendline Breakout: Gold has recently broken a significant trendline on the M15 chart, indicating a potential shift in the short-term trend. 2. New Low Formation:...

mr_norkhojayev Updated 

We've seen a trendline in gold prices that started in late December 2023 break, leading to a new low point. This low point was tested twice, showing it's an important level. Now, it looks like we might see another breakout. If this happens, gold prices could fall to around 2030, which matches the 50% level on the Fibonacci scale. This is based on the patterns...