XAUUSD Weekly View - TRIANGLE
it seems we are in a major wave4 and in a HORIZONTAL TRIANGLE.
They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility.
There is a mistake indicating a position that I'd like to show, I mean short not long.. :)
They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility.
There is a mistake indicating a position that I'd like to show, I mean short not long.. :)
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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.