XAUUSD Bearish correction inside the Channel Up
Gold / XAUUSD has started the bearish wave, the 3rd one inside the Channel Up pattern that started on October 13th.
So far it is holding the last technical support leve, the 4hour MA50 but once crossed, the pattern has shown that a decline always starts that aims the 0.618 Fibonacci retracement level.
Sell and target 2017.50.
Previous chart:
Follow us, like the idea and leave a comment below!!
So far it is holding the last technical support leve, the 4hour MA50 but once crossed, the pattern has shown that a decline always starts that aims the 0.618 Fibonacci retracement level.
Sell and target 2017.50.
Previous chart:
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.