Gold XAUUSD, Falling Wedge Pattern Breakout, Target $2440 (+4.5%

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In Gold XAUUSD, Falling Wedge Pattern formed and Breakout. So Target is $2440. And also consider a Wolf Wave Pattern.

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٢٢ يونيو ٢٠٢٤

تم فتح الصفقة

It is just a retest of the trendline after the breakout. Wait for an uptrend continuation. If the market closes below 2300, then it indicates a trend failure or a trend change. Refer to this image.

٢٧ يونيو ٢٠٢٤

ملاحظة

Pattern was changed to Triangle. If continue to Uptrend, Next Target is Triangle Top.
Refer to this image :

١٦ يوليو ٢٠٢٤

ملاحظة

Finally, Pattern changed but Target Reached.