XAUUSD, Tendency to climb
The gold chart shows an upward trend in the 4-hour time frame.
If gold manages to climb to the top of the channel for the fifth time, the possibility of breaking the top is very likely.According to the ADX indicator, the strength of the trend is also favorable.
Important resistances: 2012, 2050
Important support: 1980 , 1960
If gold manages to climb to the top of the channel for the fifth time, the possibility of breaking the top is very likely.According to the ADX indicator, the strength of the trend is also favorable.
Important resistances: 2012, 2050
Important support: 1980 , 1960
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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.