XAUUSD - Gold Next Possible Movement
XAU / USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - H1
Lets First Look at the Pattern in Short Time Frame #STF - H1 we have Bearish Channel and the Gold is Following Strongly the Upper Trend Line #UTL and it has breakout it and making its Retracement
Another Thing we have it was following the Lower Low and Lower High #LL-LH Pattern and it has rejected this Trend with the Strong Bullish Price Action
After Retest it will again Follow #BUY TREND
Time Frame - H1
Lets First Look at the Pattern in Short Time Frame #STF - H1 we have Bearish Channel and the Gold is Following Strongly the Upper Trend Line #UTL and it has breakout it and making its Retracement
Another Thing we have it was following the Lower Low and Lower High #LL-LH Pattern and it has rejected this Trend with the Strong Bullish Price Action
After Retest it will again Follow #BUY TREND