After looking into
XAUUSD On the 1D timeframe, there was a support area it failed to break, it then had a reversal from the downtrend movement, and now I think it's possible for
XAUUSD to be uptrending, here's a take on what I looked at :
- The trend(UPTREND)
- 1H and 4H Channel
- Support Levels in 4H and 1H
- RSI oversold
- Support and Resistance
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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.