Gold (XAUUSD) Rising wedge! Short
Hi Traders,
Gold creates a Rising wedge pattern in 2h time frame.
In daily HH,LH pattern shows some Bearish pullback not reversal.
Entry would be Tricky
If prices Respect $1990 Daily PP and moves Upward than Enter from
Correction Cluster area ($1910 t0 $1920).
Or
Enter whenever if market breaks $1990 area and place 4H.
Targets: $1890 and $1873
Stop Should be above $1928
PS: Check Price action at Correction cluster area only enter after confirmation.
Gold creates a Rising wedge pattern in 2h time frame.
In daily HH,LH pattern shows some Bearish pullback not reversal.
Entry would be Tricky
If prices Respect $1990 Daily PP and moves Upward than Enter from
Correction Cluster area ($1910 t0 $1920).
Or
Enter whenever if market breaks $1990 area and place 4H.
Targets: $1890 and $1873
Stop Should be above $1928
PS: Check Price action at Correction cluster area only enter after confirmation.
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