Gold managed to form the Falling Wedge pattern, but this pattern was NOT completed and failed.
4 hours ago gold candle managed to break the Lower line of the Falling Wedge pattern and the Support line.
๐In general, when a reversal pattern fails, this pattern becomes a continuation pattern, so the Failed Falling Wedge pattern can also be a ๐กsign๐ก of breaking the ๐ขgold-heavy support zone($1904-$1886.40)๐ข.๐
๐For a better understanding of ๐บ๏ธGold's road map๐บ๏ธ, I suggest you read the following post to know about ๐ฏGold's next Targets๐ฏ.๐
Gold Analyze ( XAUUSD ), 4-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
4 hours ago gold candle managed to break the Lower line of the Falling Wedge pattern and the Support line.
๐In general, when a reversal pattern fails, this pattern becomes a continuation pattern, so the Failed Falling Wedge pattern can also be a ๐กsign๐ก of breaking the ๐ขgold-heavy support zone($1904-$1886.40)๐ข.๐
๐For a better understanding of ๐บ๏ธGold's road map๐บ๏ธ, I suggest you read the following post to know about ๐ฏGold's next Targets๐ฏ.๐
Gold Analyze ( XAUUSD ), 4-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐Real & Accurcy Free & VIP Signals/Learing Technical Analysis๐ t.me/ProTrader_365
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3