OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is falling inside the Downward channel . We see the strong support line that gave the rise to the bounce of the price together with the swing of the ROC . Moreover , the Aroon suggest that price can take the reverse trend and rise up to the 1891.326 and likely to the 1911.041 lvl.

If you like the idea PLEASE don't forget to hit the LIKE ๐Ÿ‘๐Ÿ‘๐Ÿ‘button
Also share your thoughts and charts here in the comment โŒจ๏ธ section.
๐Ÿ™Appreciate your interest and feedback!๐Ÿ™

Please,join my Telegram Channel https://t.me/alexanderharford for more updates on different markets๐Ÿ›ข๐Ÿ’ธ๐Ÿ’Ž

To get more precise analysis text me for my VIP channel https://t.me/harford_alexander ๐Ÿ’ฃ


Solid view, buddy!
What do you think about my analysis?
+3 Reply
MasterThePippage VasilyPonomarev
@VasilyPonomarev ๐Ÿ’ฏ๐Ÿ’ฆ
+1 Reply
silentfrankie VasilyPonomarev
@VasilyPonomarev, It is a descending triangle but also in a consolidation phase. Descending triangle usually means bearish. However, gold is in uptrend in overall picture. In this case, it can break out of descending triangle to the upside. Let's see where it goes next week. Everyone is expecting gold to pull back to that next support level. I hope so too to pick up more gold.
Great work man!
wow, nice, decending triangle, elliot wave
good job bro ๐Ÿ‘
I hope sooooi much!!!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out