08.06.2022 - Intraday GOLD (Rising Wedge Pattern)
The price target of this
XAUUSD
price formation is the height of the wedge projected down from the expected breakout point (Entry Price 1851.30, Take Profit 1843.88). The Stop Loss placement for this rising wedge pattern is above the highest high point on the chart (1857.08), . You can also add a buffer to neutralize the short-term market noise. Thanks to FXAU
XAUUSD
price formation is the height of the wedge projected down from the expected breakout point (Entry Price 1851.30, Take Profit 1843.88). The Stop Loss placement for this rising wedge pattern is above the highest high point on the chart (1857.08), . You can also add a buffer to neutralize the short-term market noise. Thanks to FXAU