XAUUSD Gold Analysis, 2h
For the short term, I think this is the way to go.
Gold Spot (XAUUSD) is forming a Wyckoff pattern in 2h time frame and this sketch is my opinion.
I haven't any exact target but you can take a short position on the third top (~2000$) with high risk, or after breaking the bottom after the pullback with low risk. Also, make sure to set StopLoss.
But, as always, not financial advice.
Gold Spot (XAUUSD) is forming a Wyckoff pattern in 2h time frame and this sketch is my opinion.
I haven't any exact target but you can take a short position on the third top (~2000$) with high risk, or after breaking the bottom after the pullback with low risk. Also, make sure to set StopLoss.
But, as always, not financial advice.
Penafian
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