Price Action:
Momentum channel XAUUSD
1. Opposite the momentum channel shown on the chart, we can expect a counter trade at the lower border of the parallel channel.
2. Note the previous bullish structure, the 1960 price is in the Strongest Demand area.
3. Other analytical techniques may suggest a trade as shown on the chart,
Stay tuned in the future
Momentum channel XAUUSD
1. Opposite the momentum channel shown on the chart, we can expect a counter trade at the lower border of the parallel channel.
2. Note the previous bullish structure, the 1960 price is in the Strongest Demand area.
3. Other analytical techniques may suggest a trade as shown on the chart,
Stay tuned in the future
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.
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.