XAUUSD is still climbing steadily within its upward parallel channel, respecting structure beautifully as we’re now seeing early signs of bullish interest returning, right after we got a nice rejection from the support zone.
Currently I’m watching this bounce to have a target near 3,380, somewhere around the middle line of the ascending channel. If this bullish push continues with strong volume and momentum, I’ll be locking in that bias and planning my entry accordingly.
Patience first, I always wait for price to prove itself before getting involved.
Currently I’m watching this bounce to have a target near 3,380, somewhere around the middle line of the ascending channel. If this bullish push continues with strong volume and momentum, I’ll be locking in that bias and planning my entry accordingly.
Patience first, I always wait for price to prove itself before getting involved.
- This could be a beautiful continuation…
- Or just one more fakeout before a deeper drop.
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👉 I recommend this Broker - Get 20% Deposit BONUS - bit.ly/trenddiva
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