JohnnyPurtoy98

XAUUSD failed to gain momentum

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
The price is struggling to gain some bearish momentum, the bullish moves all seem to be corrections so far. There is a significant pattern that has appeared today, this seems to have formed a morning star, this could be a sign for a trend reversal, but for this to happen we would need for momentum to pick up and be able to push the value higher. This is needed as a very negative week for this pair. I will update this idea over the coming weeks.

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