GOLD is currently trading in an ascending channel.
The market pulled back to the support level and 50% retracement level .
Notice that price action approached the level by printing small candles with deceleration, indicating that there's no strength.
Price action is likely to pullback from the support level since price reacted to this level before.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market pulled back to the support level and 50% retracement level .
Notice that price action approached the level by printing small candles with deceleration, indicating that there's no strength.
Price action is likely to pullback from the support level since price reacted to this level before.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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