Hello traders, we want to check the XAUUSD chart. After the price has broken the descending channel to the top, it has reached the specified resistance level and could not break this level and had a fall. We expect the price to continue its downward trend after the pullback until around the price of 2030 and fall to around the price of 1997. Good luck.
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.