Gold Can Go Higher To Complete A Pattern

11. Aug. 2021

Traders, after massive sell off, Gold (XAUUSD) has been looking for a direction. It is highly likely that it will go back up to retest the previous M mid points and in the process it will close the gap left and complete a bearish W pattern. Once it has completed that pattern it will be a good candidate for short opportunities based on confirmations. Right now this is looking bullish to complete that W pattern.


Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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13. Aug. 2021

Trade geschlossen: Ziel wurde erreicht