The ascending channel of this currency pair on the daily chart is very reliable, so the ability to break the channel at 1.32364 is not far from the mind.
If this channel is broken at the above price level, we expect the price to fall in a downtrend to 1.22639.
on the following, The key levels in the downside trend are...
as predicted in the past, Gold Price was hit by a sharp uptrend due to the news of increased US-China trade tensions.
Now the price is a corrective move
and, we expect the price to fall the 1288 price level
But given the breakdown of the downtrend channel, as long as the price is oscillating higher than the channel, the overall trend will continue to...
Gold prices continue to tread water below support-turned-resistance at the neckline of a bearish Head and Shoulders (H&S) chart pattern
If the price failed to break the level top of 1292.49, it also has been violated its downside channel, then the resistance and target price of gold will be 1312 and 1326 levels.
alternatively, the breakdown of the...