Join me in exploring the latest trends in XAUUSD using the Adaptive Trend Finder (log) on TradingView, my favorite tool for identifying strong short-term and long-term trends. This tool leverages a highly effective method based on Pearson correlation.
In the chart, you'll find the Adaptive Trend Finder (log) displayed prominently. At the bottom center (in grey), observe the strength of the long-term trend channel, and on the right (in yellow), assess the short-term trend channel's potency.
I invite you to analyze and interpret the signals you see. Share your thoughts and observations in the comments section below. Let's navigate these insights together for a deeper understanding of XAUUSD trends. Happy trading!