Saturday, November 9, 2024

XauUsd, H4

XauUsd,  Gold, H4
What happened last week.
A strong impulse movement broke through the ascending trend line, formed a low and made an upward correction the next day.
Tested the trend line and remained below it.
According to the Victor Sperandeo method, updating the low, which is marked on the chart, we will have a medium-term reversal model formed.
Cancellation of this scenario - the price returns to the ascending movement and breaks the trend line in the opposite direction.




More information on my YouTube channel, in my Telegram.
YouTube: https://www.youtube.com/channel/UCsD1UTChVG5MrXl7zJESpVw
Telegram: https://t.me/Basics_Trading
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XauUsd, H4

XauUsd,  Gold, H4 What happened last week. A strong impulse movement broke through the ascending trend line, formed a low and made an upward...

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