upward channel still in it extended since may and downward channel with fake breakout last month combination with fib numbers we can see the price fall back to 28400
XAU ON DAILY TIMEFRAME reached to support area with it touching 200 MA
We analyzed the uptrend in us30 before and we did long position and reached 2200 pip BUT now we shorting us30 As the chart suggests that we are in down channel touched area of 28500 found resistant. Our final target is 25350 Stop lose closing 1H above 29000 🛸 Good luck
Please Like , comment , share in my reading i expect the price will grow higher we can see a strong support line formation in 26050 price > and after trying 200 ema the price again rejected it . in this case i applied pivot point to see the big picture . we can open long position after to target 27400-27800 SL will be closing of 4H candle stick below 25900 See...