XAUUSD next big move
XAUUSD (GOLD) has been moving within a descending channel as shown in the chart included. Since March, the Daily structure has remained bearish overall with brief interim bullish moves. There's a supply level which could cap price circa 1800/1813. From that level, I may begin to look for a swing short trading setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.