XAUUSD in the daily time frame, descending channel and we can see that resistance under of 200 daily ma & we can assume 1854 is a supply zone.
personally I am looking for leg down and if we get rejected off here we can see a bearish momentum. either, breakout will take us back to above 2000 level.
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personally I am looking for leg down and if we get rejected off here we can see a bearish momentum. either, breakout will take us back to above 2000 level.
Please consider to put a like to my idea for supporting me & subscribe for more ideas.
Idea is not the financial advice!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.