Sangam-Agarwal

Gold Parallel channel

Short
Sangam-Agarwal Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold buy low sell high inside a channel
take entry at the trend line or wait for breakout.
if this trend line holds than huge bearish trend for gold is coming with downside target lower trend line of channel and pervious trade war high at near 1560
Comment:
intermediate support 1755 and 1765 price and trend line are at 38% and 61% retracement where bulls takes profit and seller enters , which means more seller than buyers until trend line breaks
Comment:
weekly view
Comment:
h1 time frame strategy

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