Timeframe - 1H
The uptrend is broken.
In the 1-hour timeframe, there was no confirmation of the uptrend after the price broke the 1795 resistance.
The price then made a strong move below 1795 and broke the uptrend line.
Now watch how the price reacts as it approaches the 1775 support level.
Here it is possible to start a new larger Sideway zone with XAUUSD.
Wait for more signals from this support to trade.
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Hope you have a good trading day!
The uptrend is broken.
In the 1-hour timeframe, there was no confirmation of the uptrend after the price broke the 1795 resistance.
The price then made a strong move below 1795 and broke the uptrend line.
Now watch how the price reacts as it approaches the 1775 support level.
Here it is possible to start a new larger Sideway zone with XAUUSD.
Wait for more signals from this support to trade.
-----------------------------------------------------------------------------------------------
Hope you have a good trading day!
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