Oro / DollaroLong
XAUUSD 1H
Gold is now at a resistance area that supports the price decline
But the price behavior and momentum movement do not support the decline, as the momentum moves within an ascending channel that supports the continued rise of the price unless the upward momentum trend is broken. Only then is it a corrective sell signal.
But the price behavior and momentum movement do not support the decline, as the momentum moves within an ascending channel that supports the continued rise of the price unless the upward momentum trend is broken. Only then is it a corrective sell signal.
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