XAUUSD correcting after structure break, Buy if support holds
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XAUUSD
The price has been moving in a descending channel , the upper trendline of the channel is acting as resistance and lower trendline of the channel acting as support, price managed to break above the wedge pattern after the correction towards the support if price continues to hold above support I expect the price to move higher.
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
XAUUSD
The price has been moving in a descending channel , the upper trendline of the channel is acting as resistance and lower trendline of the channel acting as support, price managed to break above the wedge pattern after the correction towards the support if price continues to hold above support I expect the price to move higher.
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.