XAU/USD is going to the abyss
On the daily chart, bears managed to move XAU/USD to 113% target of the “Double top”.
Tag - gold
Will gold’s downtrend end?
In the recent days, the US dollar index reached the highs of July 2017.
XAU/USD: bears got in a trap
On the daily chart, XAU/USD is correcting to the long-term uptrend. Bears are trying to form a “Shark” pattern with a target at 113% located at 1183.
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XAU/USD: gold is lying on the shelf
On the daily chart, after XAU/USD had reached 88.6% target of the “Shark” pattern there was a natural pullback. Bears are counting on the decline to the 113% target.
XAU/USD: gold fights for an initiative
On the daily chart of XAU/USD, the pair reached the 88.6% target of the “Shark” pattern.
XAU/USD: gold bets on the double bottom
On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
XAU/USD: gold rebounded from the bottom
On the daily chart, XAU/USD pulled back after reaching 224% and 88.6% targets of AB=CD and “Double top”.
XAU/USD: gold is looking for a bottom
On the daily chart of XAU/USD, the short-term downtrend continues in line with the formation of a “Double top”, AB=CD and a “Widening wedge”.
XAU/USD: Indians prefer gold
On the daily chart, XAU/USD keeps forming patterns 5-0 and a “Widening wedge”. The pair is moving towards a convergence area of 1,244-1,250 (50% correction of the last long-term bullish wave)…
Trading gold is a hot topic today. What`s the point?
“The desire of gold is not for gold…
XAU/USD: bears are armed with a wedge
Recommendations: SELL 1290 SL 1305 TP1 1272 TP2 1244 BUY 1300 SL 1285 TP1 1324 TP2 1333 TP3 1349 On the daily chart, XAU/USD formed a “Broadening wedge”…
