Mahtab_sh

XAUUSD In The Ascending Channel

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
There is still a downtrend and price is in the little ascending channel in a correction phase, it MIGHT keep the retracing movement for now and rise slowly around 1886-1896, then IF it got rejected by any of those supply levels and could break the channel’s lower band, it MAY drops to 1816.
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Comments

Hey Maytab, I see the price broke out of the channel. Any updates?

Here is my view on gold now given the new bearish trend, I believe it came low enough to get a great risk reward on a buy opportunity:
+2 Reply
Mahtab_sh Trading-Guru
@Trading-Guru Nice Chart Setup, Thanks for sharing
Reply
Waiting but its comming.
+2 Reply
It's awesome.
+1 Reply
Mahtab_sh KlejdiCuni
@KlejdiCuni Thank you 😊
Reply
jon ba on tahlilet khoshgel
+1 Reply
waiting for channel breakdown .. thanks for sharing
+1 Reply
Mahtab_sh Babenski
@Babenski 🤗🙏🏻
Reply
great setup!
+1 Reply
Mahtab_sh saeedmp
@saeedmp Thank you
Reply
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