XAUUSD Bullish Trend Spotted
Bullish Indications:
1) Dow Theory : Making HH and LH
2) Bullish candles Three soldiers
3) Support = 1779 Resistance = 1794
4) FIB+Chart Pattern = AB=CD pattern completion and now a reversal trend running which exceeded the B point
5) RSI making HH but currently in sync with trend
BEARISH INDICATIONS:
1) Bearish Expanding Triangle
BIAS: Long
Entry @ 1787
SL @ 1781
TP1 @ 1792
TP 2 @ 1795
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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.