XAUUSD moves within the ascending channel
XAUUSD moved within the ascending channel, which formed when the price touched the channel borders 6 times and has been valid since 23 April.
Current situation
The price is moving towards the lower border of the ascending channel.
Possible scenario
Analysts recommend opening a Sell order with a take profit near the lower channel border.
Current situation
The price is moving towards the lower border of the ascending channel.
Possible scenario
Analysts recommend opening a Sell order with a take profit near the lower channel border.
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