Gold long opportunity from channel bottom to channel top

22 Ağu 2020

Gold is in an ascending channel and just touched the bottom of it. Once it crosses the blue horizontal line, marked as "Entry" in the chart, long continuation is confirmed and we can expect the price to move to the upper bound of the ascending channel.

1 Eyl 2020

Not

This is still valid, but it will take longer to reach the upper bound of the ascending channel.