Gold is in a bearish channel and is currently bearish on the daily MACD.
When the price hits 1795, there is a possibility of a period of several days of range and then the beginning of a decline.
If the red line breaks down in the 1-hour timeframe, we can sell this king until the bottom of the channel.
In the price range of 1795, we can go to scalp in Tain for 1...
This currency pair has reached strong historical support.
In the weekly time, we see a pin bar candle.
If the red line breaks upwards during the reversals, we can take action to buy, and the second scenario is the failure of this peak, after which we take action to sell during the reversals.
