XAUUSD D1 CHART
Here is my analysis on XAUUSD
Gold is trending on a descending channel and price rejected from the second test on the resistance line. We have a long body engulfing bearish candlestick, we should expect a correlative move and price could be more bearish this week.
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Gold is trending on a descending channel and price rejected from the second test on the resistance line. We have a long body engulfing bearish candlestick, we should expect a correlative move and price could be more bearish this week.
If you like my analysis, kindly hit like, leave a comment and follow my account for more update.
Thank You.
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