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GOLD in the channel

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
AtonicShark  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns Gold goldtrading XAUUSD XAU EURUSD CADUSD Bitcoin (Cryptocurrency) BTCUSDT Cryptocurrency
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2
trendanalysis harmonicpatterns chartpattern gold goldtrading xauusd xau eurusd cadusd bitcoin btcusdt cryptocurrency
As we can see in the chart, the price is on an uptrend channel that is advancing to the bottom of the channel. If the floor is broken, we will have a sharp fall to the 1828 and 1800 ranges, otherwise we will have an increase to the resistance levels and the canal roof.
In case of proper reaction to the floor of the canal, a purchase offer will be made.


Its not Buy or Sell SIGNAL
DYOR

BY : Mohamad Teriz - @AtonicShark

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