DeGRAM | GOLD accumulation zone

GOLD is in the accumulation zone, in an ascending channel below the trend lines.

The chart has reached the lower boundary of the channel and respects the limits of the current area.

The price is actively rising on a decline below the 38.2% retracement level.

We expect XAUUSD to grow.

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註釋

GOLD is in an ascending channel between the trend lines.

The chart is moving in the range between the trend lines.

The price has already reached the lower boundary of the channel and dynamic support.

We expect the price to rise after consolidation above the dynamic resistance.

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