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GOLD (XAUUSD): 2 Bullish Patterns 🥇
Gold Spot / U.S. Dollar
Long
GOLD (XAUUSD): 2 Bullish Patterns 🥇
By VasilyTrader
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May 17
8
3
3
May 17
https://www.tradingview.com/x/4PUGRPWp/
After a breakout of a solid horizontal resistance on a 4H,
Gold is retesting that today.
Approaching the underlined area, the price formed 2 bullish patterns:
a falling wedge pattern and a double bottom.
2 bullish breakouts: a violation of a trend line of the pattern and a neckline,
indicate the strength of the buyers.
We can anticipate more growth today at least to 2391
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Double Top or Bottom
Gold
goldsignals
Multiple Time Frame Analysis
Wedge
XAUUSD
xauusdsignals
xauusdtrader
xauusdtrading
VasilyTrader
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