XAU/USD Descending channel?
Hello friends
In the monthly time frame, according to the divergence and bearish candlestick after the Spinning Top candlestick,
I see a downward trend
And on the weekly time frame, after the Shooting Star candle, a bearish candle has formed (although not very strong).
And by examining the smaller time frames, I expect the downward trend to continue (of course, I think the price will have a pullback before that).
***Be profitable
Thank you for expressing your opinion with likes and comments
***Trade is not gambling... the market punishes greed...
* Confirm and then enter the transaction
*Don't forget to limit the loss
In the monthly time frame, according to the divergence and bearish candlestick after the Spinning Top candlestick,
I see a downward trend
And on the weekly time frame, after the Shooting Star candle, a bearish candle has formed (although not very strong).
And by examining the smaller time frames, I expect the downward trend to continue (of course, I think the price will have a pullback before that).
***Be profitable
Thank you for expressing your opinion with likes and comments
***Trade is not gambling... the market punishes greed...
* Confirm and then enter the transaction
*Don't forget to limit the loss
Operación cerrada: objetivo alcanzado:
The target was touched
Be profitable
Be profitable
Operación cerrada: objetivo alcanzado:
The target was touched
*Be profitable
*Be profitable
And I expect the price to play in this area for a while
Therefore, I open a short-term position, until I am sure of the direction of the trend
Be profitable