Gold Forming Bullish Fakey on Daily Chart
XAUUSD now trading on a range of 1214-1295 zone. Inside of that price broken up 1258 mid term resistance zone. Price retest that zone today. In another side, price made inside bar pattern with yesterday and the day before yesterdays candle. By today's candle it makes a fakey of inside bar. (Inside pinbar). Next resistance / target area is 1295
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.