Technical Tuesday 11/7/2023 (XAUUSD)

By NeilNoJo
Updated
After a good amount of rallies I do think gold wants to start catching a breather. I set two positions as always a 1:1 and a 4:1 target.
I wont be placing these orders in until 9 am.
Trade closed: target reached
Target 1 Reached Target 2 broke even

hard to see on point figure charts but candles confirmed
see below
snapshot
Chart PatternsFundamental AnalysisTechnical IndicatorstehcnicalanalysisUSDwaveXAU

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