XAUUSD (GOLD/USD) MULTI-TF ANALYSIS
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XAUUSD (GOLD SPOT VS USD)
Multi-timeframe analysis
Daily view (Structural timeframe) : Currently gave break of structure after triple bottom and also broke descending channel.
4 hour (Behavioural timeframe) : It has given breakout of bullish flag with huge bullish impulse.
1 hour (Entry timeframe) : Now it is forming Descending triangle.
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Now we could see upside continuation movement on breakout IN 1 HOUR TF.
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XAUUSD (GOLD SPOT VS USD)
Multi-timeframe analysis
Daily view (Structural timeframe) : Currently gave break of structure after triple bottom and also broke descending channel.
4 hour (Behavioural timeframe) : It has given breakout of bullish flag with huge bullish impulse.
1 hour (Entry timeframe) : Now it is forming Descending triangle.
.
Now we could see upside continuation movement on breakout IN 1 HOUR TF.
Note
It didn't give breakout, took rejection from trendline and went down back, now we have to re-adjust the levels.
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.
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.