if the price breaks some of the resistance zones mentioned on the chart then we can expect more pump here like green arrows. above trend line since 1th jan to 16th nov. good luck traders.
It seems that the pressure of buyers on the bottom of the bullish channel has done its job and the correction of gold is over. In the first step, we have a good volume in the range of 1789.25 and it is expected to climb from this range to 1806.57 and be supported. After the EMA breaks, it will be pumped and will also cross the downtrend. .
As it is known, after the break of 1808.07 line, the buyers' power prevented the price from returning to the top, and we have to wait for a good volume to hit 1780 so that the ascending channel is not broken and reaches the top and higher goals. Unfortunately, the market is a bit confused right now, and numbers as low as 1717 may enter. I wish you to be profitable.
Well guys we are seeing a breakout with great potential. And may be the only one who can grow in the bearish market.