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GOLD | Descending Channel on GOLD

Long
Or / Dollar Américain (FX:XAUUSD)  
KlejdiCuni Mis à jour   
FX:XAUUSD   Or / Dollar Américain
Chart Patterns Wave Analysis Trend Analysis
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chartpattern waveanalysis trendanalysis
GOLD | Descending Channel

GOLD is moving down and from the actual price development we can see
that the price is creating a bullish Descending Channel pattern.

Probably we can see any bullish price movement during these days.

If the price will move down the first support will be close to 1812 and after that
it can increase again.

Thank you and Good Luck!
Commentaire:
GOLD | Perfect reversal on 1812 and after that the price tested the top of the channel again.
snapshot
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Mentions

RLinda
GOLD ! The market maker trap. Falling for liquidity 😈
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