Xauusd Parallel Channel in 15M
Each candlestick represents 15 minutes of price action.
Instrument: Gold Spot vs US Dollar (XAUUSD).
2. Price Channel:
The price is moving within a descending channel (highlighted in blue), which indicates a short-term downtrend.
The upper boundary (resistance) and lower boundary (support) define the range.
3. Current Price:
As of the latest data, the price is around $3,333
Each candlestick represents 15 minutes of price action.
Instrument: Gold Spot vs US Dollar (XAUUSD).
2. Price Channel:
The price is moving within a descending channel (highlighted in blue), which indicates a short-term downtrend.
The upper boundary (resistance) and lower boundary (support) define the range.
3. Current Price:
As of the latest data, the price is around $3,333
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