OsamaAbouzeid
Long

xauusd_ Riding the correction wave

FX:XAUUSD   Gold Spot / U.S. Dollar
After breaking the ascending channel to down and the price failed to make higher high higher close level , which potentially indicate we will expect to see bearish trend , having said that we can see now a descending channel become clear and the trend keep doing lower low lower close , so expected bullish move at the mentioned zone up to the upper descending channel which may be will be good opportunity to be short position.
Trade closed: target reached

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