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XAUUSD is in Horizontal channels.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD is in Horizontal channels
XAUUSD Following Horizontal channels in that there is a small symmetrical we need to wait until they out the level.

Horizontal channels are trendlines that connect variable pivot highs and lows to show the price contained between the upper line of resistance and lower line of support. A horizontal channel is also known as a price range or sideways trend.






Note: This is only for Educational Purpose this is not Investment advice.

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