Gold at the bottom of the canal


XAUUSD

In the chart, we can see that the price yesterday started a correction, which during the Asian session deepened (around 170 pips in 4 minutes). I was expecting a rebound from the boundary of the designated channel and as you can see the price reacted immediately, but the man needs rest and at night I would not be able to catch it. Now the first positive sign of further growth will be the break in local resistance, and then I will decide whether to trade.

XAUUSD H4

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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