Description
â‹… Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
A few days ago price started to trades in flat, where it first bounced from $2000 support level to bottom part.
After this movement, Gold made a strong upward impulse back to $2000 level, broke it, exiting from flat too.
And then price corrected below and later started to grow in rising channel, where it broke $2000 again.
Later Gold exited from channel, rose to resistance line, and made a strong downward impulse lower support area.
But a not long time ago it rose back and even soon broke resistance line and now Gold trades near this line.
In my mind, price can make retest of support line and then continue to move up to $2085
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