HubAlgo

GOLD-More bear or more bull?

OANDA:XAUUSD   Ouro/Dólar Americano
Hi everyone

The effects of U.S. consumer inflation data on Friday can be seen already.Starting the week with a red bar doesn't look good.

There is a triangle pattern on daily on XAUUSD and it has already seen 2 pushes down, this move down will be the 3rd.But in case a break out occurred reaching lower levels will be possible.

Hope this analysis helps you in a way.

I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
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