Kkdawning

Kkdawning

Gold ( XAUUSD ) analysis for the week coming: XAUUSD is moving in a healthy downtrend channel in Daily chart . Recently the price came close to the upper limits of the channel. In 4H chart, (Up) trend line was invalidated on Friday, 28.10.22 and 1655-1658 zone was broken to downside continued to 1644.5 by sharp red candles. Ichimoku Clouds system analysis: In 4H...

Kkdawning

Right now EURUSD is testing 1.0555 and 1.058 zone. If it breaks above this zone, after testing the upper boundary of this zone, chances are high that it will grow to 1.06 which is an important area. Otherwise it will drop to 1.05 again. From there could 2 possible scenarios: Staying in a channel between 1.0555 and 1.050 and / or breaking below 1.05. Then we should...