The scanner automatically detects and displays chart patterns online. 24/7 every hour.

Gold · XAU/USD

Popular   Recent
Open:
High:
Low:
Close:

Gold: Falling Wedge

XAU/USD, 1 hour    LONG Feb 23
There is a falling wedge spotted. If price breaks out, the move could indicate a move up. XAU/USD to grind higher to 2034 on impulse above 2032.5 as XAU/USD becomes bid.

Gold: Bearish Flag

XAU/USD, 4 hours    SHORT Feb 12
XAU/USD composes a bearish flag, XAU/USD demands more active push down to confirm bearish flag breakout. A bearish flag represents a specific price action indicator that is used to signal a bearish price move if price breakdown occurs. XAU/USD to suffer a steeper decline to 2035 as bears looking for downside correction.

Gold: Descending Channel

XAU/USD, 1 hour    LONG Dec 13
A descending channel has been diagnosed. A descending channel represents a specific bullish price formation that has a downward slope that predicts extending an uptrend once price breaks out to the the upside. There is a probability of a bullish price action towards 2000 on a break above 1997.5.

Gold: Bearish Flag

XAU/USD, 1 hour    SHORT Jan 5
As we can see a bearish flag is close to completion. A bearish flag is a reliable bearish formation that is used to signal that prices move counter to the prevailing price trend once price collapses through the support line. XAU/USD risks further decline towards the 2046 mark on a breakdown of the bearish flag.

Gold: Ascending Channel

XAU/USD, 1 hour    SHORT Jun 7
It seems like an ascending channel is almost done and XAU/USD demands a further steady bearish impulse for clear breakout confirmation. An ascending channel is considered to be a useful price action formation that identifies that the price to go down when price breaks through the support. It is possible that a bearish move towards 1976 will form.

Gold: Descending Triangle

XAU/USD, 4 hours    LONG May 1
A descending triangle has been diagnosed. A descending triangle tends to be a compelling bullish indicator that signals a bullish price action if price breaks out. It is possible that a further bullish price action to 2000 will occur.

Gold: Descending Triangle

XAU/USD, 1 hour    LONG Dec 1
It seems like a descending triangle happens and XAU/USD requests a move to confirm descending triangle breakout. A descending triangle often identifies extending an uptrend once price breaks out. A rangebound towards the 2062 zone is likely to happen as XAU/USD resumes the upside.

Gold: Descending Triangle

XAU/USD, 1 hour    SHORT Dec 8
A descending triangle has been determined, XAU/USD requires next pullback for the certainty of breakout. When price breaks down, the move could identify that the price to go short. A rangebound to 2044 is likely on a breakout of the descending triangle.

Gold: Rectangle

XAU/USD, 1 hour    SHORT Feb 22
A rectangle has been exposed, the price breaks out now. A rectangle often predicts prices are likely to keep falling downward when price breaks through the support. XAU/USD to nosedive towards 2032 on a breakout of the rectangle.

Gold: Descending Channel

XAU/USD, 1 hour    LONG May 1
There is a descending channel detected. A descending channel provides a reliable indicator that typically identifies a next move up if price breaks above resistance. XAU/USD to peak to the 2005 zone on a breach of 2003 amid XAU/USD reclaims part of the ground lost.

Gold: Ascending Triangle

XAU/USD, 1 hour    SHORT Jan 5
An ascending triangle has been distinguished. An ascending triangle denotes a pattern that typically signals a next move down if price breaks down. Decline towards the 2050 zone is not ruled out on a breakout of the ascending triangle.

Gold: Ascending Channel

XAU/USD, 1 hour    SHORT Jul 5
There is an ascending channel forming. An ascending channel can be thought of as a reliable price action formation that often results in that prices move counter to the prevailing price trend when price breakdown occurs. There is a possibility of a bearish continuation towards 1930 as bears look for entries.
Disclaimer. No Investment Advice Provided. Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Risk Disclosure. Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.