XAU / USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - H2
According to Pattern in Long Time Frame #LTF it is Following Falling Wedge and Completed its Retest
In Short Time Frame #STF it is Following Bearish Trend Line very Strongly so its possible that it can Go till Upper Trend Line #UTL and if it breaks abd retest then its Again buy
It is Currently at Demand Zone and Rejecting from Fibonacci Level - 38.20%
It has Completed its Impulsion and it making its " C " corrective way in Long Time Frame #LTF - Daily
In Long Time Frame #LTF we have Buying Divergence #RSI as well
Time Frame - H2
According to Pattern in Long Time Frame #LTF it is Following Falling Wedge and Completed its Retest
In Short Time Frame #STF it is Following Bearish Trend Line very Strongly so its possible that it can Go till Upper Trend Line #UTL and if it breaks abd retest then its Again buy
It is Currently at Demand Zone and Rejecting from Fibonacci Level - 38.20%
It has Completed its Impulsion and it making its " C " corrective way in Long Time Frame #LTF - Daily
In Long Time Frame #LTF we have Buying Divergence #RSI as well