Gold is in a bearish channel and is currently bearish on the daily MACD.
When the price hits 1795, there is a possibility of a period of several days of range and then the beginning of a decline.
If the red line breaks down in the 1-hour timeframe, we can sell this king until the bottom of the channel.
In the price range of 1795, we can go to scalp in Tain for 1...
Hello everyone
Here's the latest CADJPY analysis.As you can see, this is just price action analysis and you should be patient till get right candle stick confirmation.
good luck
