- May 20, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Channel Up on 4H.
Signal: Bearish as the pattern was rejected on the Higher High zone of the pattern and is on a potential top formation.
Target: 1720 short-term (just above the Higher Lows) and 1695 medium-term with higher risk if the blue dotted line breaks.
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Most recent XAUUSD signal: