XAUUSD
GOLD
The price perfectly fulfills my last idea. The market is heading toward the resistance zone from the support level. The price made a divergence at the support level and bounced off it. Price action formed a descending channel, which is just a pullback on the 4H timeframe, and recently the price broke through it. I think gold might make another pullback and remain in the range zone before going upwards. My goal is near the resistance at 2018.80
The price perfectly fulfills my last idea. The market is heading toward the resistance zone from the support level. The price made a divergence at the support level and bounced off it. Price action formed a descending channel, which is just a pullback on the 4H timeframe, and recently the price broke through it. I think gold might make another pullback and remain in the range zone before going upwards. My goal is near the resistance at 2018.80
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