Gold Spot / U.S. DollarUpdated GOLD- XAUUSD
Gold is traveling in a channel pattern. We could see 2 possible options. If the upper line breaks and stays above 2473 then the target will be 2489.
If the downward trend line breaks then the target will be 2435.
Disc: This is for education purpose only. Not a trading recommendation.
If the downward trend line breaks then the target will be 2435.
Disc: This is for education purpose only. Not a trading recommendation.
Trade active
2472.275 to 2462.376Trade closed: target reached
TP1 reached as per the patternTrade closed: target reached
TP2 also hit.. perfect analysis 
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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.
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.