XAU/USD Curved Channel Analysis – Another Leg Up?
Price usually moves within a channel, but in many cases, this channel is not a traditional straight-line channel; instead, it follows a curved structure.
Considering the recent bullish move and the fact that the ascending channel remains intact, the price will likely experience another upward wave, at least toward the previous ATH.
Considering the recent bullish move and the fact that the ascending channel remains intact, the price will likely experience another upward wave, at least toward the previous ATH.
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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.