XAUUSD Butterfly Harmonic pattern
The price will grow towards the target above
Also you see here is a almost perfectly formed butterfly harmonic in play.
this week looks more promising with expectation of a further bullish rally to 1960 area.
key point: with this breakout new structural movement is expected with both small bull and bear rallies accompanied by a massive potential pullback back to the 1940s marked with the vertical blue lines at the symmetrical triangle formation.
Also you see here is a almost perfectly formed butterfly harmonic in play.
this week looks more promising with expectation of a further bullish rally to 1960 area.
key point: with this breakout new structural movement is expected with both small bull and bear rallies accompanied by a massive potential pullback back to the 1940s marked with the vertical blue lines at the symmetrical triangle formation.
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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.