7 May 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAU/USD (Gold)
Date : 7 May 2020
Support Line (A) : 1670.6150 – Last TP of Triangle
Resistance Line (B) : 1711.9100 – Last TP of Triangle
Target Period : 3 days
Interval : 4 hours
Pattern : Triangle
Length : 66 Candles
Detail : Triangle identified at 06-May-20:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1670.6150 within the next 3 days. (Supported by Downward 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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