GOLD is in an ascending channel between the trend lines.
Chart volatility has decreased
The price is moving from the upper boundary of the channel and is forming an ascending wedge.
We expect a pullback after consolidation under the dynamic support.
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Chart volatility has decreased
The price is moving from the upper boundary of the channel and is forming an ascending wedge.
We expect a pullback after consolidation under the dynamic support.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
交易進行
GOLD is under the ascending channel and trend lines.
The price is moving from the dynamic resistance, left the channel and consolidated under the dynamic support.
The chart held under the 62% retracement level and consolidated under the supply zone.
We expect the decline to continue.
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