Gold can exit from falling channel and can start to rise
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Today we will look at the price of Xauusd.
At the moment price trades inside of falling channel.
Also, price made fake breakout to support line and bounced back.
I expect that gold can exit from falling channel and start to rise.
Price can a little stop at resistance level $1755 which also our first target and after breakout of resistance level price can go higher to $1775
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the price of Xauusd.
At the moment price trades inside of falling channel.
Also, price made fake breakout to support line and bounced back.
I expect that gold can exit from falling channel and start to rise.
Price can a little stop at resistance level $1755 which also our first target and after breakout of resistance level price can go higher to $1775
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits