Sasha Singh
0
All posts from Sasha Singh
Sasha Singh in Sasha Singh,

XAUUSD : Gold Might Pause Its Losses

Gold seems like following a falling wedge pattern on the 4 hour chart. A falling wedge gives a bullish signal according to which the pair should break out  from the resistance trend line of the wedge and rise. 

However if looking at the daily chart of Gold, the pair will find support at 1277.41 and then rise.