XAUUSD Sell

מעודכן
Gold reached 1,765 and then reverse as this is the top of the 2 ascending channel

which will be a very strong resistance

now I think the Gold is in a correction wave which will continue between $1,756 and $1760

after that the Gold will drop ( fall ) into $1,690 as a short target

long target is $1,450
עסקה פעילה
as we mentioned before there was a correction wave before price go down and we said that the price will reverse between 1,756 & 1,760

but the price was reversed once reach 1,754

so we have a very strong support

1- ascending trend
2- previous descending tren was breaked
3- previous resistance which will as a support
once we break this area

then first target 1702+-
second target 1690

Long target 1,450
Chart PatternsHarmonic PatternsTrend AnalysisXAUUSD

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