Bearish Pennant Pattern Breakout in GBPUSD The GBPUSD chart has broken out of a bearish pennant pattern, confirming a potential downward move. With the British Pound trading below 1.29100 against the US Dollar, this breakout suggests that the market is likely to continue its downtrend. Key Characteristics: - Downward trend: The pattern formed within an existing...
XAUUSD Gold is forming falling wedge in H1 time frame which show a technical movement in upward direction to mentioned targets.
Gold has formed double bottom pattern in intraday target 01: 2315 target 02: 2321 target 03: 2329
Gold has formed a strong RISING WEDGE , Now Gold may reach the mentioned targets in 15M time frame
BTC is looking very bullish to reach its resistance level at 65000 BTC has strong support at 63600/63300 if it breaks it it may reach to 61000
Gold Xauusd next possible movement on coming Monday, we have a strong support and 2316 and weak resistance at 2327/2328 and strong resistance at 2336/2338. So it is possible to reach 2336 by Monday