Hey Traders,
Check out this technical analysis on XAUUSD; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a breakout above the flag pattern before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.
Keep a close eye on this.
Check out this technical analysis on XAUUSD; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a breakout above the flag pattern before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.
Keep a close eye on this.
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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.
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.