XAUUSD Falling Wedge
Falling Wedge Pattern -- The recent price movement in GOLD has formed a falling wedge pattern. Falling wedges are often considered as bullish reversal patterns
Divergence: Alongside the falling wedge pattern, there is a divergence between price and a momentum indicator
To establish a potential entry point, a Buy Stop order is recommended to be placed above the last lower high within the falling wedge pattern. This approach waits for a confirmed breakout above the resistance level, which could trigger a bullish reversal.
Projection of falling wedge is marked
Divergence: Alongside the falling wedge pattern, there is a divergence between price and a momentum indicator
To establish a potential entry point, a Buy Stop order is recommended to be placed above the last lower high within the falling wedge pattern. This approach waits for a confirmed breakout above the resistance level, which could trigger a bullish reversal.
Projection of falling wedge is marked
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.