Xauusd Parallel Channel in 15M
Each candlestick represents 15 minutes of price action.
Instrument: Gold Spot vs US Dollar (XAUUSD).
2. Price Channel:
The price is moving within a descending channel (highlighted in blue), which indicates a short-term downtrend.
The upper boundary (resistance) and lower boundary (support) define the range.
3. Current Price:
As of the latest data, the price is around $3,333
Each candlestick represents 15 minutes of price action.
Instrument: Gold Spot vs US Dollar (XAUUSD).
2. Price Channel:
The price is moving within a descending channel (highlighted in blue), which indicates a short-term downtrend.
The upper boundary (resistance) and lower boundary (support) define the range.
3. Current Price:
As of the latest data, the price is around $3,333
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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.
Related publications
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.