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youseftn1
Jan 10, 2024 11:19 AM

XAUUSD:M45 

GoldOANDA

Description

According to the chart: Gold is in an ascending channel. From a close view, it is located in a descending channel (red) and from a closer view, it is located in an ascending channel (green). At the ceiling of the descending channel, we can look for the sell position. In the future, if gold enters a price correction, the bottom range of the ascending channel can give us a good buying position, with a target of 2100 and 2200.
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