XAUUSD is trading in an ascending channel
Has risen to re-test
The channel's ascending resistance line is at 2060 .
Which means we expect Bearish dip, but because it's in an uptrend
The trade will be in the opposite direction
We'll have to wait for the configuration to be confirmed
Before we make sure that the channel will be broken and a trend towards the support areas 1963
Has risen to re-test
The channel's ascending resistance line is at 2060 .
Which means we expect Bearish dip, but because it's in an uptrend
The trade will be in the opposite direction
We'll have to wait for the configuration to be confirmed
Before we make sure that the channel will be broken and a trend towards the support areas 1963
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