XAUUSD: The Gold Trade You Won’t Want to Miss

1 year ago
5

Watch the full XAUUSD video: https://youtu.be/mZoN89VckQE

XAUUSD (gold) has some incredible technical levels that will offer an opportunity regardless of which way it breaks later this year.

First, we have the descending triangle that offered us an opportunity to short gold last week.

I mentioned this pattern to Daily Price Action members before the breakdown, and it’s played out relatively well.

The target for that pattern is $1,900, a confluence of support.

That’s key support for XAUUSD and a must-hold area for gold bulls.

Watch the full video: https://youtu.be/mZoN89VckQE

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