XAUUSD Cup and Handle Update LONG SETUP

19 thg 8, 2022

This pattern is completing itself with the handle formation in a descending parallel channel.

The handle is now about 1/3 in depth from the top of the cup compared with the bottom.

Any retracement less than 50% and the pattern is intact.

Spot gold decreasing while DXY rising.

Now awaiting a breakout to begin bullish continuaton.

22 thg 8, 2022

Giao dịch đang hoạt động

XAUUSD now running on intraday forex. Doji candle on the 4H chart at support
suggests the uptrend is about to get underway . Let's go!