Situation XAUUSD
XAUUSD D chart. Gold is approaching the upper border of the descending channel. The indicator is almost in the overbought zone. The most conservative entry is when the corrective TL is broken. The expected price move is short.
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.