XAUUSD(GOLD) Morning star

XAUUSD Rotate lower after reversal pinbar formation rejecting weekly support zone, Price failed to keep up and broke pinbar tail. A morning star formation can be seen on daily chart with in the weekly support zone indicating a possibility of reversal but a confirmation solid bullish candle needed here to go against the trend.


Key Points

– Morning star

– Confirmation candle needed

– Weekly support zone


XAUUSD(GOLD) Morning star