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jngforex
Feb 18, 2023 9:48 AM

XAUUSD 4H CHANNEL BREAKOUT 

Gold / U.S. DollarFOREX.com

Description

We have an interesting break of the 4H channel to the upside. My annotation on the chart explains my analysis as to what may occur next week. Let's see what happens on Sunday night market open.
Comments
jngforex
1845 resistance likely to be tested if gold and the DXY continue as they are.
jngforex
We will have to see next week, however it has already broken through the channel, so it's more of a past tense now. What we need to see next is whether price can break through 1845 or not.
OB_Shark
I bet its a fake break out
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