nonetheless, xauusd still is a upward trend , the red channel u drew is a relay for the gold continueing rises since its price of 1760, and confirmed by FOMC next thur
FUNTRADER-Vera
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@yunzhou, nonetheless? I dont think the red channel I am using is still valid. But it would if gold made a super longterm sideways movement for us and we could have a channel upward again.
But that is in a very big pic.
not very good for swing traders.