Technical Analysis (Gold) : XAU/USD 3 September 2019

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

Forex Technical Analysis : XAUUSD (3 September 2019)

Forex Technical Analysis : XAUUSD (Gold)

Target Level 1517.1450

Support Line (A) : 1517.1450 – Last TP of Falling Wedge

Resistant Line (B) : 1531.2650 – Last TP of Falling Wedge

Target Period : 2 days

Interval : 1 hour

Pattern : Falling Wedge

Length : 128 Candles

Identified : 3-September-19

Detail : Falling Wedge identified at 03-Sep-11:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1517.1450 within the next 2 days. (Supported by Downward sloping Moving Average)

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