XAUUSD price perfectly fulfills my last ideas. The market dropped from the resistance Zone after breaking out of the ascending channel by making a impulse leg and hit the target.
-The market is heading towards strong support on the daily timeframe and the price might bounced off it.
-I think gold may go up if price action forms fake break or double bottom at the support level. My goal is the resistance at 1850,
-The market is heading towards strong support on the daily timeframe and the price might bounced off it.
-I think gold may go up if price action forms fake break or double bottom at the support level. My goal is the resistance at 1850,
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