Xausdforex
XAUUSD LongAccording to the higher time frames, there is a falling channel which is a major indication of the bullish trend.
Now it has reached a major support zone, which is the previous lower low of the channel.
According to the lower time frames, there is a ranging market which might give us the go ahead of either a bullish or bearish momentum.
Let us wait for the price to move further.