Gold breaks back into weekly channel

9 בנוב׳ 2020

Gold appears to have broken back into the weekly ascending channel. If it manages to break below support 1 with a retest, support 2 could be a possible target.

11 בנוב׳ 2020

הערה

A bearish pennant has formed on the 1 hour time frame, just above support. Market is looking to continue a move to the downside.