XAUUSD
on monthly chart : the prices move in uptrend , we are near the upper line channel (monthly chart), & also can't make a new highs start to revers making a correction may reach 61.8% Fibo at support area near 1381.00
on weekly chart : making a perfect shooting star candle near upper line and recently making a strong bearish candle
on 4H chart :the prices move in downtrend and now near support are so we may see a little retracment to up before falling down
medium term target : 1381.00
short term target with breaking 1458.5 on 1 h chart will be 1446.00
on weekly chart : making a perfect shooting star candle near upper line and recently making a strong bearish candle
on 4H chart :the prices move in downtrend and now near support are so we may see a little retracment to up before falling down
medium term target : 1381.00
short term target with breaking 1458.5 on 1 h chart will be 1446.00
Note
on 1 hour chart we may sell any reversal candle around 1465Trade active
Trade closed: target reached
target 1 reached 1446
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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.