Hello all,
XAUUSD is currently trading within this descending channel. As it stands, price is respecting the support level of $2640 - $2630.
A break below that support level would trigger a further push to the downside to retest the next level of support/demand at $2600 - $2590.
XAUUSD is currently trading within this descending channel. As it stands, price is respecting the support level of $2640 - $2630.
A break below that support level would trigger a further push to the downside to retest the next level of support/demand at $2600 - $2590.
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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.