Forex Gold Trading by Shenron

GOLD, H1

GOLD, H1 ~ is heading toward the target profit

I luv reciprocal AB=CD pattern, all in profit

MT5 users, you'll find this useful. Catch!

XAUUSD M30 remains bearish after rejecting the 4079–4089 area and forming a series of lower highs. The recent sell signal near 4044.43 reached its first target, but price is now reacting from support around 4040.95, so I would avoid chasing the move at current levels. I prefer selling a bearish pullback into 4050.50–4060.00 or waiting for a confirmed breakdown and retest below 4040.95. Downside targets are 4031.35, 4021.75, and 4012.00. A sustained reclaim above 4069.75 would invalidate the immediate bearish continuation view.

https://www.forexfactory.com/attachm...3?d=1784166547

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