XAUUSD Gold Bearish Triangle Breakout And Short

XAUUSD Gold Bearish Triangle Breakout And Short

XAUUSD Gold is printing a bearish triangle on the H1 Chart.

Additional short opportunity is as follows:

Trade Reason: Bearish Triangle

Trade: Short

Time Frame: H1

Trade Period: Intraday / Midterm

Estimated completion time: 2-16 H4 Candle Stick

The trend in the Timeframe: Strongly Bearish

The trend in the Daily Chart: Bearish

The accuracy of the pattern: 98 %

Recommended Lot Size: 0.20at 10K

Area of the Entry: 1287

Stop Loss: 1293

Target 1: 1285 / Reached

Target 2:  1281

Target 3: 1277

Ultimate Target: 1269

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

XAUUSD Gold: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility