XAUUSD shows a strong development within a rising trend channel.
A further positive development is indicated, and there is support against the floor of the trend channel.
The index is approaching the resistance at points 130, a breakout thought may give a positive reaction.
Overall assessed as technically positive for the medium long term.
Very much appreciate your likes and commends
Have a lovely weekend
Trade safely
CM
A further positive development is indicated, and there is support against the floor of the trend channel.
The index is approaching the resistance at points 130, a breakout thought may give a positive reaction.
Overall assessed as technically positive for the medium long term.
Very much appreciate your likes and commends
Have a lovely weekend
Trade safely
CM
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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.