GOLD / Price has completed an ABCD structure.

Short

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Harmonic Patterns Chart Patterns XAUUSD xauusdshort xauusdupdates xauusdanalysis xauusdsignal xauusdidea xauusdsetup xauusdforex

trendanalysis harmonicpatterns chartpattern xauusd xauusdshort xauusdupdates xauusdanalysis xauusdsignal xauusdidea xauusdsetup xauusdforex

XAUUSD TECHNICAL CHART

-Price is losing momentum to the upside;
-Price has completed an ABCD structure.

*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.

Comment:

snapshot

Comment:

Take some profits / move stop to breakeven

Trade closed: target reached

Comment:

snapshot

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.