Clear outlook on XAUUSD
Hi Traders!
Here's my analysis or XAUUSD , we saw some clean bearish action in recent week. Now, we have seen some more confirmation to follow up on our previous analysis on gold . PRICE looks to create more BULLISH movement but we still watch out for the descending triangle formation(movement marked up with the red slashed trendline). We hope to see the second leg of the double bottom appear this week.
If you find this helpful, support with a like and follow to keep getting daily updates.
Thanks.
Here's my analysis or XAUUSD , we saw some clean bearish action in recent week. Now, we have seen some more confirmation to follow up on our previous analysis on gold . PRICE looks to create more BULLISH movement but we still watch out for the descending triangle formation(movement marked up with the red slashed trendline). We hope to see the second leg of the double bottom appear this week.
If you find this helpful, support with a like and follow to keep getting daily updates.
Thanks.
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