XAUUSD
Updated
Hello Traders! 👋
What are your thoughts on GOLD?
After a sharp drop yesterday and breaking below its ascending channel support, gold has now stabilized slightly. It is expected that after a correction and pullback to the broken support level, gold may resume its downtrend towards specified lower levels.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on GOLD?
After a sharp drop yesterday and breaking below its ascending channel support, gold has now stabilized slightly. It is expected that after a correction and pullback to the broken support level, gold may resume its downtrend towards specified lower levels.
Don’t forget to like and share your thoughts in the comments! ❤️
Trade active
After a roughly 400-pip correction, the price has reached a resistance zone and the broken levelTrade closed manually
The price has dropped more than 250 pips from the activated area and resistance zone. If you've entered a sell position, it's recommended to set it to risk-free to protect your profits or close it 
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