XAUUSD: Sell opportunity within the Channel Up.
Gold completed yesterday's aggressive rise with a Higher High on the newly emerged 4H Channel Up (RSI = 62.645, MACD = 22.260, ADX = 58.024) at 1,642. This was a 0.786 Fibonacci retracement from the 1,703 High. The technical pull back level for a Higher Low is on the 0.618 Fib retracement which is at 1,526 and where the MA50 may support. If broken we can see the symmetrical touch on the 0.786 level near 1,495.
Our previous buy trade:
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Our previous buy trade:
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial