kripsonfx97

XAUUSD SIDE WAY BREAKOUT PROJECTION

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Technical Reason For XAUUSD Bullish

1. We can clearly See Formation of Ascending Triangle Pattern in 1D candle and it makes the breakout there

2. We have confirmed the breakout Over 1810 due to Huge demand in W PATTERN formation

3. We can see formation of BULLISH REVERSAL PATTERN dur to fomation of strong bear candle which indicates the end of short sell trend


Overall Possible Outcomes

XAUUSD BUY @ 1810-1815

SL 1753

TP 1880

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.