XAUUSD touch channel and will grow

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Green path :Gold is in an important and strong support from 1.daily support and 2.trendline so we would expect at least some reversal candle and gain in price to our first target
Target :1750(why? beacuse as you can see it is resistance and trendline will push pressure to it on that area too )

Red path :we expect gold don't fall any more from that green zone because we talk about the importance of that zone and if it break and retest get completed then the market will get mad new channel reach too and bullish candle will lead market for long time

some previous analysis are :
GOLD is dead (huge drop is coming 1747 and 1700)

and ..
GOLD is reaching daily support once again (1760)?


<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade chiuso: obiettivo raggiunto
1750 touched
Chart PatternsHarmonic PatternsTrend Analysis

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