nagihatoum

XAU gold must hold support

nagihatoum Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
But I see a lot of overhead resistance. Bearish momentum even if there is a bounce up to the resistance of the descending channel.
Comment:
did not hold support.
Comment:
Comment:
gold consolidated on the midline of the descending channel and now trying to retest channel's resistance. My guess it will be rejected and this is just a guess at the moment, I haven't looked into it deeply, I still cannot publish new ideas or upload pictures of charts.

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