GOLD is above the descending channel between the trend lines.
The price is moving from the lower boundary of the channel where it formed a bullish takeover.
The chart held above the 38.2% retracement level and also formed a bullish flag before breaking the upper channel boundary.
We expect XAUUSD to rise after consolidating above the dynamic resistance.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The price is moving from the lower boundary of the channel where it formed a bullish takeover.
The chart held above the 38.2% retracement level and also formed a bullish flag before breaking the upper channel boundary.
We expect XAUUSD to rise after consolidating above the dynamic resistance.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.