tupaitrader

XAUUSD rejection on upper triangle

FX:XAUUSD   Oro al contado/Dólar estadounidense
MY elliot wave and price action analysis shows that the price are rejecting the upper triangle trend line.the relative candlestick show that the buyer are weakened.and the sellers are put some pressure on the price to go down.

the overbought and oversold condition also tell that the price is already in overbought condition that the price will make are reversal or can make a correction.if the price break the upper trendline, the price will go higher.

let's find the opportunity to go short or go long at the 1140.00 area.

good luck!!
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.