Case. A
$XAUUSD try to end with a Bearish falling wedge pattern
the green zone in charts if gold cannot drop lower than this and can break higher than dotted-line - reversal will work.
TP > 1903
Case B.
We will see strong support (yellow zone) and red dot channel and red trend line.
Yes, It is a wide range. we must wait and see in the smaller time frame
TP > 2000
Case C.
Gold breaks down the red trend line.
N/A
I think case B. is the highest possibility to occur.
Now I only use scalping trading in sell
and wail the reaction as 3 cases above.
Have a nice day
$XAUUSD try to end with a Bearish falling wedge pattern
the green zone in charts if gold cannot drop lower than this and can break higher than dotted-line - reversal will work.
TP > 1903
Case B.
We will see strong support (yellow zone) and red dot channel and red trend line.
Yes, It is a wide range. we must wait and see in the smaller time frame
TP > 2000
Case C.
Gold breaks down the red trend line.
N/A
I think case B. is the highest possibility to occur.
Now I only use scalping trading in sell
and wail the reaction as 3 cases above.
Have a nice day
