XAUUSD touch channel and will grow
Updated
Green path :Gold is in an important and strong support from 1.daily support and 2.trendline so we would expect at least some reversal candle and gain in price to our first target
Target :1750(why? beacuse as you can see it is resistance and trendline will push pressure to it on that area too )
Red path :we expect gold don't fall any more from that green zone because we talk about the importance of that zone and if it break and retest get completed then the market will get mad new channel reach too and bullish candle will lead market for long time
some previous analysis are :
and ..
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Target :1750(why? beacuse as you can see it is resistance and trendline will push pressure to it on that area too )
Red path :we expect gold don't fall any more from that green zone because we talk about the importance of that zone and if it break and retest get completed then the market will get mad new channel reach too and bullish candle will lead market for long time
some previous analysis are :
and ..
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade closed: target reached
1750 touched
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t.me/mmbtchannel
VIP Channels:
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check pinned message in telegram for more information.
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