Gold - 1H ascending channel

Zaktualizowano
After a bullish spike, I look for the formation of a channel to gauge the market's next move. It's a strategy that often reveals whether the initial surge is sustainable or just a temporary blip. In this chart, we see Gold forming an ascending channel post-spike, suggesting the uptrend may continue.
Uwaga
The XAUUSD price is still in the ascending channel and the bullish target is upper than these levels.

snapshot
Uwaga
Spot on! The channel performed perfectly. A toast to all the buyers who capitalized on this trend...

snapshot
Beyond Technical AnalysisChart PatternsdollarEURUSDForexGoldnasdaqSilverTrend AnalysisUSDXAUXAUUSD

Join our Telegram channel via this link for analysis and trading signals.
t.me/+LT1LpjRoXPg4NGU8
Również na:

Wyłączenie odpowiedzialności