XAUUSD H1
The overall view in the one-hour time frame is bearish until we reach the bottom of the channel. Do not rush to take a sell position because we are in an uptrend and should not trade against the trend.
My advice to you is, if you want to trade in the one-hour time frame, wait until the price reaches the bottom of the channel and then make a decision.
But if you are looking for more positions in lower time frames, follow me and use the rest of the posts.
My advice to you is, if you want to trade in the one-hour time frame, wait until the price reaches the bottom of the channel and then make a decision.
But if you are looking for more positions in lower time frames, follow me and use the rest of the posts.
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.