XAUUSD ASCENDING TRIANGLE PATTERN 07.01.24

2024年1月7日

Reason behind the Buy Projection

Tecnical Reasons

1. Bullish Spinning Top In both Single/double Candlestick

2.Three Line Strike in Trible candlestick

3.Ascending Triangle pattern Formed

4 Keyfactor

* Obey Strong Trendline @ 2030-40

* Obey Fibo Golden ration @ 2017

Fundamental

Formation of Bearish Spinning Top in DXY pushes Lower and obet Trendline

Overall Possible Outcomes

XAUUSD BUY @ 2020-2030

SL 2000

TP 1 2074

TP 2 2100\

TP2 2154