OANDA:XAUUSD
Gold is operating in the range bound
SELL Gold 1962-1960
Top 1955-1950
There is strong selling pressure at 1962-1963, which makes it strong resistance.
Where as buyers are not letting it go to below 1955 and its friday movement is very slow.
Good day Traders !!
Daily : On the Daily timeframe we clearly have a downtrend channel and we have been respecting it since early August 2020 and we expect to reach the lower trendline soon. We have an "M" formation that was printed last week and we expect the price to retest the neckline before the continuation of the impulse correction impulse pattern. We...
