XAUUSD Daily overview

26 giu 2023

Descending channel/ bullish flag pattern

1. The flag/channel has already hit a daily demand zone/OB
   
2. I will look at possible buy opportunities up to level 2090.00 if the price breaks and trades above the flag.
   
3. Should the price break and trade below the flag, I will look for shorts up to level 1850.00
   
4. I would later strongly go bullish when the price hits the level 1850.00
   

NOTE: THIS SET-UP IS NOT 100% Guaranteed winner. I will stay neutral on this pair.
Confirm with your trading style!