xauusd ⇒ a downward compression

3 gen

hello guys...

as you can see gold is on an ascending channel (we can ignore the hunting candle).

but in the short-term, it broke the trendline strongly so we can expect two forming low on the orange area!

therefore the second orange area seems a potential area for starting a new upward movement!

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6 gen

Nota

✅ It has been expected so far!
#xauusd #gold

7 gen

Nota

2016 area looks great for another upward movement.

8 gen

Trade chiuso: obiettivo raggiunto

#xauusd #gold
the next level touched
The price is currently making some compression and then making another upward move.

10 gen

Trade chiuso: obiettivo raggiunto

13 gen

Trade chiuso: obiettivo raggiunto

it was A PERFECT analysis