FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold still holds a positive view that enables it to continue to climb. But it is necessary to note the upper limit of the bearish channel on the march and the most important of which is the channel on the indicator of relative strength where it constitutes a very strong resistance then the ability to return the price to continue the decline again. This view was illustrated by the small bullish channel if its bottom line is broken this is a sign of the beginning of the price decline but if the upper limit of the main channel is breached down this is a strong signal to start the journey of the ascent to a new peak which is fragmented its objectives Gold still holds a positive view that enables it to continue to climb. But it is necessary to note the upper limit of the bearish channel on the march and the most important of which is the channel on the indicator of relative strength where it constitutes a very strong resistance then the ability to return the price to continue the decline again. This view was illustrated by the small bullish channel if its bottom line is broken this is a sign of the beginning of the price decline but if the upper limit of the main channel is breached down this is a strong signal to start the journey of ascent to a new peak which is fragmented its objectives by hitting the targetGold still holds a positive view that enables it to continue to climb. But it is necessary to note the upper limit of the bearish channel on the march and the most important of which is the channel on the indicator of relative strength where it constitutes a very strong resistance then the ability to return the price to continue the decline again. This view was clarified by the small rising channel if its bottom line is broken this is a sign of the beginning of the price decline but if the upper limit of the main channel is breached down this is a strong signal to start the journey of ascent to the new peaks which are fragmented targets by hitting the target which is the target of the model head and shoulders positive

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