OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold anticipated to buy After reaching the support and completing 90% rule of the pattern it has previously broken for the bears. A Buy signal should be seen along with candle stick formation as it takes off to the top. Already at the resistance, a reversal arc is seen with long wick candles showing rejection to the downside and formation of double bottom , increasing probability of upside with third touch in the descending channel.
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.