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Golden-Fund-Forex

Analysis of XAUUSD on the H1 22/8/2023

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Golden-Fund-Forex  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Harmonic Patterns Wave Analysis XAUUSD Gold
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trendanalysis harmonicpatterns waveanalysis xauusd gold

-XAUUSD is currently situated within a relatively strong resistance zone, coinciding with a descending price channel.

-There is a high likelihood of initiating a sell order around this price zone if there is any significant rejection pressure during the European or American sessions. The price is highly likely to return to the support level at 1885.
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