Technical Analysis (Gold) : XAU/USD 21 August 2019

21 August 2019 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)AutochartistCFDs (Gold, Silver, USOIL)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD (21 August 2019)

Forex Technical Analysis : XAUUSD (Gold)

Target Level 1493.0550

Support Line (A) : 1493.0550 – Last TP of Triangle

Resistant Line (B) : 1508.5400 – Last TP of Triangle

Target Period : 2 days

Interval : 4 hours

Pattern : Triangle

Length : 33 Candles

Identified : 21-August-19

Detail : Triangle identified at 21-Aug-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1493.0550 within the next 2 days. (Supported by Downward sloping Moving Average)

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