Forex-Wiser7

Gold is coming back to channel after breakout

Short
Forex-Wiser7 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hello traders as we can see on daily timeframe that gold went up breaking the down channel in the start of 2021. Now its coming back to the channel and is testing support at the moment. If price is able to break down the trend line then hopefully it will continue in channel. On re test of support which will turn as resistance you can take a well calculated trade. Lets see how it goes

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Trade active:
Price is going according to our plan. Let's see where does this slippery slope leads us to :D
Trade closed manually:
Time to take profit!!!
If you want to close fully go ahead or close half let other half run.
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