XAUUSD (Gold) May 5 Analysis
Weekly parallel channel. Formed double bottom for weekly lows. Currently in small uptrend looking to break out of channel and if breaks 1802 level there will be continuation to 1849 area.
Trade ist aktiv:
Breakout. broke multiple resistance levels. Entering Inside bottom of new zone. bottom of zone is 1802. Looking for price to continue with bullish movements towards top of zone 1848 area.
