Hello Dear traders! must support me and share your 0penion in comments section thanks trade safe
Gold XAU/USD an ascending channel Pattern, indicating a strong uptrend. However, price action is currently facing resistance around the 2,955 level. A Potential bearish correction with the price expected to break below the channel's lower boundary. If this occurs, the next support area is around 2,900–2,890. A confirmed breakdown could lead to further downside movement, while a strong bounce from support may resume the uptrend. We should watch for confirmation signals before entering positions.
Gold XAU/USD an ascending channel Pattern, indicating a strong uptrend. However, price action is currently facing resistance around the 2,955 level. A Potential bearish correction with the price expected to break below the channel's lower boundary. If this occurs, the next support area is around 2,900–2,890. A confirmed breakdown could lead to further downside movement, while a strong bounce from support may resume the uptrend. We should watch for confirmation signals before entering positions.
Join Our Free Channel For More Updates
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
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.
Join Our Free Channel For More Updates
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
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.