Description
â‹… Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
After price entered to wedge, it bounced from resistance line and declined to support line, breaking $2005 level.
But soon, XAU turned around and made upward impulse back from support line to resistance line, breaking $2005 level one more time.
Next, price rose higher resistance level, which coincided with resistance area, but then Gold bounced down.
Price exited of wedge and entered to falling channel, where it broke $2060 level again and fell to support level.
Later price exited from channel too, reached resistance level, but recently it declined back.
Then Gold bounced up and now, I think price can make a little correction, after which continue to move up to $2060 level.
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