XAUUSD Gold downtrend
GOLD
The price broke through the descending channel. The market is ranging after big impulse moves. Price action made fake beak of the support level and I think it might go down from the resistanace zone and downward trendline. The price is losing momentum at resistance that potentially can lead to bearish move. My goal is the support level at 1944.300
The price broke through the descending channel. The market is ranging after big impulse moves. Price action made fake beak of the support level and I think it might go down from the resistanace zone and downward trendline. The price is losing momentum at resistance that potentially can lead to bearish move. My goal is the support level at 1944.300
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