m_vahhaaj

Gold is in correction phase | XAUUSD Buy

Long
m_vahhaaj Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD




Key Features:
1. Gold is rebounding from support of descending channel.
2. It broke the 4h Falling trendline.
3. It is going to retest the support turned resistance of 1960.
4. 50% fib level is holding.




What do you think?
Comment:
Price is in longer term bullish flag pattern.

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