XAUUSD , Gold Time to sell or buy ?
Updated
Hello friends
A little about gold
As you can see in the chart, gold is currently hitting new highs in its uptrend channel
The bullish channel started at 1677$ and has continued until now
But the Channel midline , which is priced between 1850$-1870$ , will be the most serious resistance possible
In my opinion, gold can reach the midline of the canal in the first stage, and then we have to see what will happen on the roof of the canal.
⚠️ This Analysis will be updated ...
📊 #XAUUSD ( Gold spot )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 10.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
A little about gold
As you can see in the chart, gold is currently hitting new highs in its uptrend channel
The bullish channel started at 1677$ and has continued until now
But the Channel midline , which is priced between 1850$-1870$ , will be the most serious resistance possible
In my opinion, gold can reach the midline of the canal in the first stage, and then we have to see what will happen on the roof of the canal.
⚠️ This Analysis will be updated ...
📊 #XAUUSD ( Gold spot )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 10.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Note
The first target Was hit 🎯✅
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