Traders,
I am closely monitoring Gold (XAU/USD) for a potential selling opportunity. The price is currently forming a rising channel, and I anticipate a decline from the channel’s resistance. I will wait for further confirmation before considering a short position, with an initial target at 3012.
If you find this analysis valuable, your support with a boost would be greatly appreciated. Thank you!
I am closely monitoring Gold (XAU/USD) for a potential selling opportunity. The price is currently forming a rising channel, and I anticipate a decline from the channel’s resistance. I will wait for further confirmation before considering a short position, with an initial target at 3012.
If you find this analysis valuable, your support with a boost would be greatly appreciated. Thank you!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.