XAUUSD CHART ANALYSIS IN 15M
Price Movement
The chart shows a descending channel (highlighted in blue), indicating a downtrend.
Gold price has been making lower highs and lower lows, consistent with a bearish pattern
Trend Analysis
The channel indicates that sellers are in control, pushing prices gradually lower.
Until there’s a breakout above the upper boundary of the channel, the bias remains bearish.
Price Movement
The chart shows a descending channel (highlighted in blue), indicating a downtrend.
Gold price has been making lower highs and lower lows, consistent with a bearish pattern
Trend Analysis
The channel indicates that sellers are in control, pushing prices gradually lower.
Until there’s a breakout above the upper boundary of the channel, the bias remains bearish.
Trade closed: target reached
Target Hit - Trade Closed Successfully!Our analysis worked perfectly and the target has been cleanly hit profitable move for the team!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.