2 June 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 2 June 2020
Support Line (A) : 1727.4600 – Last TP of Rising Wedge
Resistance Line (B) : 1744.6800 – Last TP of Rising Wedge
Target Period : day
Interval : 1 hour
Pattern : Rising Wedge
Length : 108 Candles
Detail : Rising Wedge identified at 02-Jun-03:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1744.6800 within the next day. (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
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– Analysis as low as 15 minute data intervals.
– Short term forcasts.
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