XAUUSD_28.09.2023_Potential Price Reversal
XAUUSD
1. If we see in daily timeframe, currently price in support area.
2. In daily timeframe, price looks to develop triangle pattern.
3. In H-4 timeframe, price in fibonacci retracement 161.8
Previously, prices had decreased quite significantly, so with 3 points above we can wait and look for a position to make a good purchase.
Notes:
*) This is a personal analysis, please adjust it to the existing conditions.
*) nThis is not a buy/sell recommendation. This is just my personal analysis.
*) Please analyze again, because you are responsible for your decision. Your losses are your responsibility, your profits are yours.
*) I'm still in the learning process, let's learn together :)
Thank you
1. If we see in daily timeframe, currently price in support area.
2. In daily timeframe, price looks to develop triangle pattern.
3. In H-4 timeframe, price in fibonacci retracement 161.8
Previously, prices had decreased quite significantly, so with 3 points above we can wait and look for a position to make a good purchase.
Notes:
*) This is a personal analysis, please adjust it to the existing conditions.
*) nThis is not a buy/sell recommendation. This is just my personal analysis.
*) Please analyze again, because you are responsible for your decision. Your losses are your responsibility, your profits are yours.
*) I'm still in the learning process, let's learn together :)
Thank you
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.