After looking into
XAUUSD
On the 1D timeframe, there was a support area it failed to break, it then had a reversal from the downtrend movement, and now I think it's possible for
XAUUSD
to be uptrending, here's a take on what I looked at :
- The trend(UPTREND)
- 1H and 4H Channel
- Support Levels in 4H and 1H
- RSI oversold
- Support and Resistance