GOLD is moving in an ascending channel. However, the price rebounded from the resistance level.
The market is trading near the channel boundary. Most likely, it will breakout the channel and go to the support level.
We expect a bearish move to retest the support from the 50% fibo retracement level.
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Share your opinion in the comments, and support the idea with a like. Thanks for your support!
The market is trading near the channel boundary. Most likely, it will breakout the channel and go to the support level.
We expect a bearish move to retest the support from the 50% fibo retracement level.
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Share your opinion in the comments, and support the idea with a like. Thanks for your support!
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