XAU/USD Daily Analysis
Gold has been moving within a parallel channel and printed a pin candle as it tested the top of the channel last week.
We may see price stall here as buyers lose grip of the market.
A break below the trend line and 2740 could lead to a sell setup targeting the bottom of the channel.
We may see price stall here as buyers lose grip of the market.
A break below the trend line and 2740 could lead to a sell setup targeting the bottom of the channel.
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Low-Cost Trading, for everyone, everywhere.
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.