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JoseAntonioSolorzano

XAUUSD Wait for channel breakout.. Good one!!!

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
JoseAntonioSolorzano Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Parallel Channel Gold XAUUSD XAU short Bullish Patterns Bearish Patterns
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trendanalysis parallelchannel gold xauusd xau short bullish bearish
Gold is in a little 1hr channel, lets wait to see the price action. if breaks to the upside we continue bullish until 1310 region as target 1 and 1325 region as target 2. Also is touching a Daily strong trend line.

If the price continue dropping we can expect around 150 200 pips more.

Keep an eye on this one..
Comment:
If 4hr candle close above the channel we continue to the upside.
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