Wolf_of_Trading

XAUUSD (GOLD) Technical analysis

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Again, I am with you with a special analysis, the magic channel that I drew in the previous analysis worked perfectly, now as long as this channel is not broken, we can expect movement in the direction of the green arrows, if the magic channel is broken, movement in the direction of the red arrows can be expected.

I have also indicated the resistance (purple) and support (red) Fibonacci levels in the analysis.

Please support us with LIKE / COMMENT / CHEER

DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.