analysis:

-on 4H time frame we show a bullish channel
If the channel is broken from below, it is a good opportunity to sell.
-on 1H time frame we show a a โ€œdifferenceโ€ divergence on the โ€œRSIโ€ indicator,
and the MACD to give us a sell signal.
-Also, the price is at a very strong resistance area that must be respected.

-If we break the resistance area at 1832 and return to the broken ascending channel,
we may witness levels like 1860, 1907.


For confirmation :

-Wait for the insurance of technical patterns on small frames
, such as Double Bottom , Head and Shoulders , and others.
-You must follow the fundamental analysis (news)



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Bullish PatternsChart PatternsdifferenceGoldRAISupport and ResistanceTrend AnalysisXAUUSD

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