hello guys.

let's talk about the potential!

Gold touched the top line of the main ascending channel and hunted a little bit!

on the other side, it touched the 1.61 line of the breaking channel as well!

so we can expect the price will start a downward movement but we have not any confirmation in this time frame!

the lower time frame shows a changing structure but we cannot count on it yet! So we will save this perspective until the short confirmation releases!

___________________________

✓✓✓ Always do your research.

❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.

❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Note
two engulfs and a slight breaking trendline happened!

snapshot

still, we should wait! as you know gold is tricky!
Note
the perspective failed

snapshot
Beyond Technical AnalysisChart PatternsGoldgoldanalysisgoldsignalsTrend AnalysisXAUUSDxauusdsignal

👉my recommended broker:

bit.ly/HYCM-M
__________

👉my recommended exchange:

bit.ly/LbankMelika
__________

My telegram channel:
t.me/melikatrader94
Also on:

Related publications

Disclaimer