MMBTtrader

XAUUSD channel and strong supports that is touching

MMBTtrader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is receiving strong local support here and can easily pump to channel resistance at least like a green arrow.

Notice: 1720 Support zone is previous daily support and also near 0.61% of Fibonacci support, if these supports here break (30% is expected now) then price can dump more like a red arrow and reach previous daily support zone.


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Comment:
1830 was the main resistance and price didn't break it(now 1670 is the main support for a while):

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