Avril_Forex

XAU/USD the wedge?

Short
Avril_Forex Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello friends

The price is at the 0.618 Fib resistance level and is the range
And it has also formed a wedge in this area
with technical review;
The monthly time frame shows a downward trend
Although the weekly time frame shows the range, it does not seem to have much tendency to rise
The daily time frame shows a weak uptrend and I don't think there will be a strong uptrend
In smaller time frames, I see both divergence and a tendency to decrease

Therefore, I expect the trends drawn on the chart soon

*Be profitable

Thank you for expressing your opinion with likes and comments
Trade closed: target reached:
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Be profitable
Trade closed: target reached:
The targets were touched

*Be profitable

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