Here is my analysis on XAUUSD
Gold is trending on a descending channel and price rejected from the second test on the resistance line. We have a long body engulfing bearish candlestick, we should expect a correlative move and price could be more bearish this week.
If you like my analysis, kindly hit like, leave a comment and follow my account for more update.
Thank You.
Gold is trending on a descending channel and price rejected from the second test on the resistance line. We have a long body engulfing bearish candlestick, we should expect a correlative move and price could be more bearish this week.
If you like my analysis, kindly hit like, leave a comment and follow my account for more update.
Thank You.
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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.