XAUUSD (GOLD) → JUST a perpective

1800
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

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.