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?
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.