XAU/USD (GOLD) | Descending Channel..!!
XAU/USD (GOLD)
Forming Descending Channel in Daily Timeframe Chart & inside the Channel Descending Triangle as well.
Now Facing DAILY EMA100 as a Resistance..& Descending Triangle Resistance as well..
If Broke it then Expecting Big Bounce Towards the Main Channel's Resistance..
If Failed to Break the EMA100 then it Could Test Tiny Support..(Mentioned in Chart)
Please, give us your opinion in the comments.!!
If you like the idea, please hit the Like button and subscribe to the profile in order not to miss our updates.
The information given is never financial advice. Always do your own research.
Forming Descending Channel in Daily Timeframe Chart & inside the Channel Descending Triangle as well.
Now Facing DAILY EMA100 as a Resistance..& Descending Triangle Resistance as well..
If Broke it then Expecting Big Bounce Towards the Main Channel's Resistance..
If Failed to Break the EMA100 then it Could Test Tiny Support..(Mentioned in Chart)
Please, give us your opinion in the comments.!!
If you like the idea, please hit the Like button and subscribe to the profile in order not to miss our updates.
The information given is never financial advice. Always do your own research.
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