GOLD/USD (XAU/USD) 1 D Analysis: A Potential Breakout ?
The price was moving upward, indicating a bullish trend after breaking previous structures.
Then, a change of character (CHoCH) occurred, signaling a potential shift in price action.
Following this, the price formed an ascending triangle pattern, suggesting a period of liquidity accumulation. This accumulation might lead to a potential breakout and further upward movement.
NOTE - We may be 100% wrong . It's not a buy/sell recommendation, just for educational purpose only!
(Liquidity is denoted by $)
Then, a change of character (CHoCH) occurred, signaling a potential shift in price action.
Following this, the price formed an ascending triangle pattern, suggesting a period of liquidity accumulation. This accumulation might lead to a potential breakout and further upward movement.
NOTE - We may be 100% wrong . It's not a buy/sell recommendation, just for educational purpose only!
(Liquidity is denoted by $)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.