OANDA:XAUUSD   Gold Spot / U.S. Dollar

Hello traders . What do you think for GOLD ? Following the downtrend canal the price will decline up to any specific level of Resistance level to new support zone .
Please take into consideration, 50 EMA is below 200 EMA and the volume is reduced declaring the weakness to continue higher .
If this post was helpful for you , please share your comments and like . Thank you .

Daytradetraining.com
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.