GOLD → still bearish

Aktualisiert
hello guys...

as you can see, xauusd is in the descending channel and break out the middle line of the channel and head and shoulders pattern at the same time!

so it is so possible that this one continues a downward movement from here or after a correction.

it shouldn't go upper than the gray area, if this happens then this analysis becomes invalid.

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Anmerkung
Snapshot

15MIN signal
Anmerkung
long position details:

Snapshot
Trade geschlossen: Ziel wurde erreicht
the short term analysis hit the target
Trade geschlossen: Stop wurde erreicht
about the analysis

as you see I mentioned if the price goes upper than the gray area it becomes invalid and this happens and made analysis invalid
Beyond Technical AnalysisChart PatternscommodityGoldTrend AnalysisXAUUSD

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