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.
📚In general, when a reversal pattern fails, this pattern becomes a continuation pattern, so the Failed Falling Wedge pattern can also be a 💡sign💡 of breaking the 🟢gold-heavy support zone($1904-$1886.40)🟢.📚
🔔For a better understanding of 🗺️Gold's road map🗺️, I suggest you read the following post to know about 🎯Gold's next Targets🎯.👇
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
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 ✅' like'✅ button 🙏😊 & 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.
📚In general, when a reversal pattern fails, this pattern becomes a continuation pattern, so the Failed Falling Wedge pattern can also be a 💡sign💡 of breaking the 🟢gold-heavy support zone($1904-$1886.40)🟢.📚
🔔For a better understanding of 🗺️Gold's road map🗺️, I suggest you read the following post to know about 🎯Gold's next Targets🎯.👇
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🔔Please follow us on Telegram for more analysis.👉 t.me/ProTrader_365
🎁Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3