Gold is in an upward trend in higher timeframes, and to form this trend, we need to reach a position where buyers step in. At this moment, a slight pullback in the 15-minute timeframe seems logical, as we are in a small descending channel. OANDA:XAUUSD
The Dow Jones index, upon reaching the channel’s ceiling, shows weakness and lacks the ability to break out from a price action and candlestick perspective. I expect the price to reach near the channel’s floor in a downward trend.
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BLACKBULL:US30
On AUDCAD, the main bearish channel has been broken.
After the breakout of a micro channel as well, I’m expecting a potential bullish move to the upside.
Price action confirmation is aligned with this view.
There are two goals in this deal which is specified.
good luck
In compressed channels
The price can hardly pass it
Therefore, the downward trend is expected to continue
In this time form.
The details of the deal have been specified.
good luck. BLACKBULL:US30 BLACKBULL:US30
