XAUUSD Wait for channel breakout.. Good one!!!
Updated
Gold is in a little 1hr channel, lets wait to see the price action. if breaks to the upside we continue bullish until 1310 region as target 1 and 1325 region as target 2. Also is touching a Daily strong trend line.
If the price continue dropping we can expect around 150 200 pips more.
Keep an eye on this one..
If the price continue dropping we can expect around 150 200 pips more.
Keep an eye on this one..
Note
If 4hr candle close above the channel we continue to the upside.
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.