HubAlgo

GOLD-More bear or more bull?

OANDA:XAUUSD   Spot Altın/ABD Doları
Hi everyone

The effects of U.S. consumer inflation data on Friday can be seen already.Starting the week with a red bar doesn't look good.

There is a triangle pattern on daily on XAUUSD and it has already seen 2 pushes down, this move down will be the 3rd.But in case a break out occurred reaching lower levels will be possible.

Hope this analysis helps you in a way.

I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
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.