CobraVanguard

GOLD in ascending channel {trend and parallel channel} analysis

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hi every one

chart is speaking it self!!

The price has been in the uptrend channel for a long time and this has caused the price to grow well and build a strong dynamic support line over time that does not break so easily (a fundamental news may break the support line)

Remember that Trend is our friend and we have to hold his hand and go with it.

Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Thank you for seeing idea . please support us
Good luck.


Comment:
GOLD What will happen in the future?

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