OANDA:XAUUSD result:
Supports: 1793, 1989, 1785, 1775
Resistance: 1798.50, 1802, 1807, 1815
If you believe in chart patten it is creating a bearish flag&pole pattern. A breakdown of 1793 will bring it down to 1789/1785/1775 level.
Supports : 1790, 1786, 1781, 17754
Resistance : 1796-1797 supply zone, 1806
Right now FXOPEN:XAUUSD is in intraday uptrend clearly. A few points to be noted:
The price is in an uptrend regression channel as shown in the chart (blue-pink channel).
In last 3 days in hourly chart, one can see the price is making higher highs, however RSI is not able to...
