Gold in daily time:
According to the point of view and the strategy that I follow, the price entered the channel after a downward spike, and after the channel broke, it reached a range where I consider it a resistance.
Usually the price reacts to the point where the channel starts
And it can reach the numbers specified on the chart again.
This is just an opinion and is not a recommendation to buy or sell. :)
According to the point of view and the strategy that I follow, the price entered the channel after a downward spike, and after the channel broke, it reached a range where I consider it a resistance.
Usually the price reacts to the point where the channel starts
And it can reach the numbers specified on the chart again.
This is just an opinion and is not a recommendation to buy or sell. :)