Technical Analysis (Gold) : XAU/USD 28 August 2019

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

Forex Technical Analysis : XAUUSD (28 August 2019)

Forex Technical Analysis : XAUUSD (Gold)

Target Level 1524.0664

Support Line (A) : 1528.4800 – Last TP of Triangle

Resistant Line (B) : 1544.7500 – Last TP of Triangle

Target Period : 16 hours

Interval : 1 hour

Pattern : Triangle

Length : 59 Candles

Identified : 28-August-19

Detail : Triangle has broken through the support line at 28-Aug-10:00. Possible bearish price movement forecast for the next 16 hours towards 1524.0664.

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