GOLD - Price can start to decline, breaking support line

2024年9月26日

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

Some time ago price started to grow inside a rising channel, where it firstly declined to support line.

Then it rose to $2435 level, broke it, and continued to move up to resistance line, which coincided with $2530 level.

Next, XAU some time traded near this level and later fell to support line of channel, after which made an upward impulse.

Price broke $2530 level and rose to resistance line of channel, which soon broke also, thereby exiting from rising channel.

At the moment, Gold trades near this line and I think it can rise a little more and then bounce down to $2580.

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2024年9月27日

交易進行

Gold little declined and soon can reach the support line. I think, after the price reaches this line, it breaks it and continues to decline next