Hello everyone:
Still seeing XAUUSD a great sell opportunity to the downside.
We see the overall price action is in this ascending channel formation, and price is still correctively moving up in the channel.
Last bit of price action indicates a potential recent double tops, lower frame ascending channel within the structure.
I would like to see price break below the lower and higher time frame ascending channels, follow by small correction to enter for the sell.
Thank you
Still seeing XAUUSD a great sell opportunity to the downside.
We see the overall price action is in this ascending channel formation, and price is still correctively moving up in the channel.
Last bit of price action indicates a potential recent double tops, lower frame ascending channel within the structure.
I would like to see price break below the lower and higher time frame ascending channels, follow by small correction to enter for the sell.
Thank you
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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.