XAUUSD in new uptrend channel ?
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we expect Gold rise and retest previous breakout on 1760 at least ,and then if needed fall more ,
why 1760?
because that was previous daily support that is now turn to resistance
Green path :we expect that gold create new short-term uptrend at least and we can see that ,we have creation of new channel here but we should consider bear market too so beacuse of this Red path considered too .
Target :
A.1750
B.1768
Red path: if and if channel break and retest completed then we would expect falling again to lower support created before
previous analysis :
Notice : price can easily reach targets without correction too.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
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why 1760?
because that was previous daily support that is now turn to resistance
Green path :we expect that gold create new short-term uptrend at least and we can see that ,we have creation of new channel here but we should consider bear market too so beacuse of this Red path considered too .
Target :
A.1750
B.1768
Red path: if and if channel break and retest completed then we would expect falling again to lower support created before
previous analysis :
Notice : price can easily reach targets without correction too.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Dagangan ditutup: sasaran tercapai
1750 reached
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