The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern.
This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 3583
2nd Support – 3546
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This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 3583
2nd Support – 3546
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
交易進行
Placed註釋
Traders are waiting for important U.S. consumer price data, which will help them understand what the Federal Reserve might do with interest rates.註釋
Gold prices stayed almost the same and were close to their highest ever. This happened because investors were paying attention to a meeting of the U.S. Federal Reserve, which is expected to lower interest rates due to recent weak job market reports.
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