VasilyTrader (Free Forex Signals)

#GOLD (#XAUUSD): Technical Analysis & Important Pattern to Watch 🥇

For some known reason, ⚠️Gold remains bearish this entire week.

The market is currently correcting within a falling channel - a bullish flag on a 4H time frame.

Ahead, I see a bunch of strong intraday supports.
From one of these structures, a bullish rally may resume.

A trigger that you should look for is a bullish breakout of
a resistance line of the flag and a 4H candle close above that.

A bullish continuation will be expected then.
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4H time frame
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👨‍🎓 Learn How to Trade FOMC & FED on GOLD
👉 https://youtu.be/FXbo6QjPIRk?si=PMcP5zcL47W80sqs

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4.34K viewsJun 20 at 13:35

#GOLD (#XAUUSD): Technical Analysis & Important Pattern to Watch 🥇

For some known reason, ⚠️Gold remains bearish this entire week.

The market is currently correcting within a falling channel - a bullish flag on a 4H time frame.

Ahead, I see a bunch of strong intraday supports.
From one of these structures, a bullish rally may resume.

A trigger that you should look for is a bullish breakout of
a resistance line of the flag and a 4H candle close above that.

A bullish continuation will be expected then.
—————————
4H time frame
—————————
👨‍🎓 Learn How to Trade FOMC & FED on GOLD
👉 https://youtu.be/FXbo6QjPIRk?si=PMcP5zcL47W80sqs