XAU/USD GOLD Is Rising

Atualizado
Hi every one
Gold Spot / U.S. Dollar

as you can see in XAU/USD chart you can see a falling wedge pattern as well as strong support which is yearly support!
so the price is approaching it's yearly support and by seeing the falling wedge pattern we expect the price to rise but only if the price break the falling wedge pattern!
you can also see the Elliott wave Pattern as well which the price is in the 4th wave, so there is a high chance that the price is about to rise!
so we recommend you to take position accordingly
targets are:
t1:1820.00
t2:1870.00
strong support:1745.000

we have dedicated a good amount of time for this analysis so support us by like and commenting our posts.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Thank you for seeing idea .
Have a nice day and Good luck.
Trade fechado: objetivo atingido
Reached tp1
Trade fechado: objetivo atingido
Nota
Gold price is decreasing

Gold price is decreasing
Falling WedgeGoldParallel ChannelTrend AnalysiswaveWedgeXAUUSD

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