Gold ( XAUUSD ) correction expected to below 2300 $ for Once
Metal : Gold
Price : 2336 $ for Once
Technical analysis saying : Hold ( don't buy or Sell it now .
Trend : UP
Scenario expected : correction to below 2296 $ for Once
Technical reasons : prices hit the upward channel and the vertical support level on ( H1 ) many times last few hours , most probably the price will try to break that support level at ( 2320 $ ) and heading to below 2300 $ , then might the prices will reverse from that support level mentioned on chart
please note that this is not recommendation for Sell the pair, especially wile the main and short trend is still up.
Price : 2336 $ for Once
Technical analysis saying : Hold ( don't buy or Sell it now .
Trend : UP
Scenario expected : correction to below 2296 $ for Once
Technical reasons : prices hit the upward channel and the vertical support level on ( H1 ) many times last few hours , most probably the price will try to break that support level at ( 2320 $ ) and heading to below 2300 $ , then might the prices will reverse from that support level mentioned on chart
please note that this is not recommendation for Sell the pair, especially wile the main and short trend is still up.