Technical Analysis (Gold) : XAU/USD 13 April 2020

Forex Technical Analysis : XAUUSD (Gold)

Target Level 1690.3500

Date : 13 April 2020

Support Line (A) : 1682.5100 – Last TP of Channel Up

Resistance Line (B) : 1690.3500 – Last TP of Channel Up

Target Period : 13 hours

Interval : 15 Minutes

Pattern : Channel Up

Length : 155 Candles

Detail : Channel Up identified at 13-Apr-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1690.3500 within the next 13 hours. (Supported by Upward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

If you open a live account with a broker that support Autochartist, you’ll get :

– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.