π‘Hello everyone, GOLD chart analysis The price is moving within a descending price channel. It now touches the upper border of the channel. The first scenario: The price may continue to rise towards the supply area after breaking the upper border of the channel. The second scenario: The price may return to falling again into the descending channel. We monitor important economic newsπ° We monitor the MACD indicator to determine the state of buying or selling momentum.π We monitor the chart on the lower time frame.β
βοΈNot investment advice, for educational purposes only.