Situation XAUUSD
XAUUSD D chart. The price is approaching the lower border of the descending channel. The indicator is practically in the oversold zone. On the way of price movement - a demand zone. The expected price movement is long.
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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.