Gold H1 outlook | Intraday setup

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XAUUSD The price didn't reach our zone on Friday and dropped from 1972 but yesterday it reached there and dropped almost 220 pips🎯.
Gold is making lower lows after respecting 2088 resistance. Currently it is trading in between two trendlines making a traingle pattern. I'm expecting a fall after testing upper trendline and break of lower trendline. I'll go short if price reach 2070 with target of 2050/2040 📉

  • R1 2072
  • R2 2078
  • R3 2088
  • S1 2055
  • S2 2047
  • S3 2038


What do you think friends? Share your view in comment section 👇
Transakcja zamknięta: osiągnięto wyznaczony cel
+350 pips
Support and ResistanceTrend AnalysisTrend Lines

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