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Gold Spot / U.S. Dollar
Short
Updated

potential harmonic abcd pattern

1 170
snapshot

hey guys,

on gold on an hourly timeframe we have very nice almost completed bearish abcd pattern.
+ take into account overbought RSI

my selling area is around 1309 - 1312,
however, I will be waiting for some confirmation signals!

target is based on the previous high!

good luck!
Note
Pattern is completed
Note
small head and shoulders pattern in a D point of a pattern is a confirmation
Note
The market hit the initial target
Stop to entry
VasilyTrader
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Also on:
AB=CDTechnical IndicatorsSupport and Resistance

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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.
AB=CDTechnical IndicatorsSupport and Resistance
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

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.