USD/JPY chart appears to show a channel pattern with both upper and lower trend lines, suggesting the pair is trading within a defined range. The price currently sits near the midline of this channel, indicating a potential opportunity for continuation or reversal.
The channel’s upper and lower trend lines provide key resistance and support levels. The price...
Gold is ranging from Yellow resistances...every time it reaches there its sells and when it reaches the support down it will push up again. so now you can sell but if it breaks the resistance we see new highs. Trying to break the resistance. IF the the Resistance is broken we see a new HIgh for Gold. if not it sells