XAU/USD (GOLD) | Descending Channel..!!

XAU/USD (GOLD)

Forming Descending Channel in Daily Timeframe Chart & inside the Channel Descending Triangle as well.

Now Facing DAILY EMA100 as a Resistance..& Descending Triangle Resistance as well..

If Broke it then Expecting Big Bounce Towards the Main Channel's Resistance..

If Failed to Break the EMA100 then it Could Test Tiny Support..(Mentioned in Chart)



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GoldMoving AveragesParallel ChannelTriangleXAUXAUUSD

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