ClubeXo

XAU Ascending Channel 20200713-17

OANDA:XAUUSD   Gold Spot / U.S. Dollar
hi guys, long time since charting.

ok so this is a rough af cut, haven't charted properly in a while
​ so greens are the ascending channel lines
​ that top red line is the resistance from 2012 to which we're riding it now
​ the blue channels are your ranging areas, the top one appears to be one forming but not enough info
​ the middle will most likely be where the retrace will reach into
​ bottom is unlikely but put something there incase you get a thin wick

I'd say by wednesday we'll know whats generally going to happen, it will either drop out of the triangle and begin it's descend or... ascend up the channel abit more then retrace to possibly the top blue ranging channel

Haftungsausschluss

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