GOLD (XAUUSD): Detailed Technical Outlook ๐ฅ
https://www.tradingview.com/x/SVY9FK4Y/
After a breakout of a resistance line of a bullish flag pattern on a daily,
Gold is currently retesting that.
We can see a perfect confluence between a horizontal support and a falling trend line.
A bullish movement may initiate soon.
Your bullish confirmation can be a bullish breakout of a falling parallel channel
on an hourly time frame.
Patiently wait for a breakout and be prepared to buy then.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
After a breakout of a resistance line of a bullish flag pattern on a daily,
Gold is currently retesting that.
We can see a perfect confluence between a horizontal support and a falling trend line.
A bullish movement may initiate soon.
Your bullish confirmation can be a bullish breakout of a falling parallel channel
on an hourly time frame.
Patiently wait for a breakout and be prepared to buy then.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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