In my last analysis I was thinking of bear trend resumption and bear channel but it didn't happened!
Instead of bear channel, wedge bottom formed and then bulls broke above the wedge strongly.
Bulls pushed price to the last important breakout point, will be dealing with this points in next days.
XAUUSD may see some retracement and then bulls pushed price higher to highlighted resistance. (Black Line)
What do you think about this chart? Feel Free and Comment Below!
Instead of bear channel, wedge bottom formed and then bulls broke above the wedge strongly.
Bulls pushed price to the last important breakout point, will be dealing with this points in next days.
XAUUSD may see some retracement and then bulls pushed price higher to highlighted resistance. (Black Line)
What do you think about this chart? Feel Free and Comment Below!