Price Action:
Momentum channel XAUUSD
1. Opposite the momentum channel shown on the chart, we can expect a counter trade at the lower border of the parallel channel.
2. Note the previous bullish structure, the 1960 price is in the Strongest Demand area.
3. Other analytical techniques may suggest a trade as shown on the chart,
Stay tuned in the future
Momentum channel XAUUSD
1. Opposite the momentum channel shown on the chart, we can expect a counter trade at the lower border of the parallel channel.
2. Note the previous bullish structure, the 1960 price is in the Strongest Demand area.
3. Other analytical techniques may suggest a trade as shown on the chart,
Stay tuned in the future