Hello traders,
The XAUUSD is one of the most traded pair in the forex market.
In a 4hr time-scale, candles formed an impulse at 1300.654 and turned the trend to down. (shown in the graph)
After the impulse, the signal tends a solid descending channel correction (shown in the graph)
At 1254.154, the chart printed a potential impulse and broke the channel...