In this analysis we are focusing on (1H) time frame for XAUUSD. Here we are using parallel channel strategy. As we know that market trend was bullish. price break the parallel channel toward downside and create a support at 2410.00 key level. Now I'm looking for sell when price come at least near to the OB key levels. But without any confirmation we could not take any step. Let's delve deeper into these levels and potential out comes.
Always use stoploss for your trade.
#GOLD 1H Technical Analysis Expected Move.