Gold is in correction phase | XAUUSD Buy

XAUUSD




Key Features:
1. Gold is rebounding from support of descending channel.
2. It broke the 4h Falling trendline.
3. It is going to retest the support turned resistance of 1960.
4. 50% fib level is holding.




What do you think?

Commento:

Price is in longer term bullish flag pattern.