DOBLE SCENARIOS ARE POSSIBLEON GOLD
Hey traders, two scenarios are possible on XAUUSD (GOLD) . Gold is reacting on the highest resistance level, it seems to has broken the resistance level but we are not sure . A beak of resistance and retest seems to have occurred but can only be considered if price can come back to the area of retest to give a double bottom (“W” pattern ) with a bullish reversal candle on the trend line so we can take the buy or it break the trend line ,make a retest and give bearish reversal candle so we can sell .
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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.