Money_hunters

Gold is moving in a descending channel

Short
Money_hunters Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello
I hope you have used the previous analyzes correctly and have benefited.
As we expected, the price is working for the third touch of the descending trendline.
If it is rejected from the trendline in 4h, we can expect 1722.
tp1: 1737
tp2: 1722
Comment:
tp1 hit! + 70pips
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.