XAU/USD (GOLD) 1HR DETAILED ANALYSIS

XAUUSDistantanea

HI , TRADER'S .. AS YOU CAN SEE GOLD IS FOLLOWING OUR TRADING SETUP SINCE LAST 2 MONTHS

Now Gold is in Channel down , Maximum Down trendline at 1801-1802

Right now market touching upper trendline , where 50ema of 1hr Acting as a resistance

breaking upper trendline can make gold bullish , And Gold again can reach 1845 resistance area

If market reverse from upper trendline 50 ema area than down to 1801 area will be confirm

Take your entries on either side and trade with proper Risk management

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