XAUUSD - Long position prediction based on technical analysis.
Current prediction based on the following analysis ;
HTF ◄ Daily
Bullish Trend ◄ Yes
Pattern confirmation ◄ Yes
> Inverse H & S bottom
> Bullish H & T pattern
Major Structure ◄ Yes @ 1763.00 & 1795.00
Break out of H & T pattern @1747.40 ◄ Yes
Missed opportunity on the previous 4H pullback into the 1747.40 level.
Pullback into Killzone on 4H ◄ Awaiting Retest
Projected Targets◄
> 1.272 Fib extension for T1
> 1.618 Fib extension for T2
Current prediction based on the following analysis ;
HTF ◄ Daily
Bullish Trend ◄ Yes
Pattern confirmation ◄ Yes
> Inverse H & S bottom
> Bullish H & T pattern
Major Structure ◄ Yes @ 1763.00 & 1795.00
Break out of H & T pattern @1747.40 ◄ Yes
Missed opportunity on the previous 4H pullback into the 1747.40 level.
Pullback into Killzone on 4H ◄ Awaiting Retest
Projected Targets◄
> 1.272 Fib extension for T1
> 1.618 Fib extension for T2