XAUUSD The price didn't reach our zone on Friday and dropped from 1972 but yesterday it reached there and dropped almost 220 pips🎯.Gold is making lower lows after respecting 2088 resistance. Currently it is trading in between two trendlines making a traingle pattern. I'm expecting a fall after testing upper trendline and break of lower trendline. I'll go short if price reach 2070 with target of 2050/2040 📉
- R1 2072
- R2 2078
- R3 2088
- S1 2055
- S2 2047
- S3 2038
What do you think friends? Share your view in comment section 👇
Trade closed: target reached
+350 pips
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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.