Found a Gold to USD descending channel. Looking for the upper trend line penetration to show change in pattern. If there is upper penetration, we can expect bullish momentum.
Note: I am not an experienced trader. I am an investor learning TA. So take it easy on me.
I say again, I am not an experienced trader. I follow various experienced analysts and practice what I have learned here. So feel free to provide input. Thank you.
Note: I am not an experienced trader. I am an investor learning TA. So take it easy on me.
I say again, I am not an experienced trader. I follow various experienced analysts and practice what I have learned here. So feel free to provide input. Thank you.
Trade active:
After a 3 day breakout of the trend, it seems goldusd is sliding back into the descending channel by riding the upper trend line.