Or / Dollar Américain
Long

Gold continues to rise in price as the fear of recession increas

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Gold continues to rise in price as the fear of recession increases

By examining the trend in the one-hour time frame, gold has broken the ceiling of the descending channel in the range of 2650-2644 and now, on the condition of maintaining and not registering any close candle time of one hour below the important support interval in the range of 2650-2644, It can increase as long as the length of the first descending channel to the resistance of the ceiling of the second descending channel in the range of $2,697.

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