Description
â‹… Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price entered to triangle, where it bounced from resistance line and fell to support line, breaking $2020 level.
But soon it turned around and rose back, breaking this level again and later reaching resistance line.
After this, price made a small correction and then made upward impulse to $2150 level, exiting from triangle.
Soon, Gold broke $2150 level, which coincided with support area and rose a little higher, but recently it started to decline in channel.
In a short time price declined to support level, where at the moment XAU continues to trades near.
In my mind, Gold can bounce up from support line and rise to $2200 points, leaving falling channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️