The price perfectly fulfilled my previous idea. It reached the target level. XAUUSD market is currently testing the previous week's low and Tuesday's low. After breaking through the triangle pattern, the price has moved lower, but I think we may see a short-term bounce off these levels. Given the high-impact news scheduled for today, the market is likely to be volatile, so we should proceed with caution. If the price closes above the 2890 level, it may continue to rise and retest the midpoint of the triangle pattern. Overall I expect short term upward mfrom the PWL zone. My goal is resistance zone around 2910
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now