Looking to sell Gold ( XAUUSD )
XAUUSD is in uptrend and upper channel line is holding for now.
If price will break it i'll look to sell the retest as described on the chart ( as default right shoulder will be created ).
support and resistance are marked on chart - please note the most important confulence with fib.
Also, this chart can help the traders who think gold will continue its uptrend or those who think it will crash.
Best of luck :-)
If price will break it i'll look to sell the retest as described on the chart ( as default right shoulder will be created ).
support and resistance are marked on chart - please note the most important confulence with fib.
Also, this chart can help the traders who think gold will continue its uptrend or those who think it will crash.
Best of luck :-)
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