Gold- Time for it to go back into its channel
XAU/USD
De-escalation in the Middle East should result in a reset.
We see from the charts that the rally has caused a long rally wick that the market will eventually fill in.
As long as no further escalation in the Middle East, I see this heading back into its daily channel.
I’m looking at 1490-1480 by end of next week, and 1400 after that.
Good luck traders.
De-escalation in the Middle East should result in a reset.
We see from the charts that the rally has caused a long rally wick that the market will eventually fill in.
As long as no further escalation in the Middle East, I see this heading back into its daily channel.
I’m looking at 1490-1480 by end of next week, and 1400 after that.
Good luck traders.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.