XAUUSD Analysis March 22, 2020
On the hourly we see market reversing from a bearish momentum to key reversal level. On the lower timeframe (15 minute timeframe) we see market forming a reversal candle at 61% fib retracement forming a Cup Pattern. Looking for a short movement of market to form Handle to complete Cup and Handle Pattern to target 1487.
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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.