GOLD (XAUUSD) Overbought Market & Pullback 🥇
Updated
https://www.tradingview.com/x/pF3Gqstp/
As I predicted, Gold bounced earlier this week.
Analyzing the price action now, we can see that the market became quite overbought:
the price formed a double top pattern with a lower high and violated its neckline.
We may anticipate a correctional movement now.
Goals: 2031 / 2024
❤️Please, support my work with like, thank you!❤️
As I predicted, Gold bounced earlier this week.
Analyzing the price action now, we can see that the market became quite overbought:
the price formed a double top pattern with a lower high and violated its neckline.
We may anticipate a correctional movement now.
Goals: 2031 / 2024
❤️Please, support my work with like, thank you!❤️
Note
The market is still standing around the entry!Note
Target one reached!
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