XAUUSD: can this channel go down to break 1300?

Actualizado
Traders,

Even though we had a weak NFP last Friday, it did not help GOLD to climb too much as we wished.
The doji for yesterday tell us this .
And this new red channel hopefully could send gold to break the strong support 1300, which hold for almost 5 month.
Its time now.

Less is more!
Nota
GOLD: a heavy head on wkly chart
Nota
imagen
Nota
imagen
Nota
Better follow the trend of daily chart and ignore all the fluctuation on 1H or 4H chart now.
Nota
imagen
Nota
This sideway movement must have lots of trader confused.
Nota
But if you keep foucs on the assumed channel and the blue broken trendline, and wait for one more 4H candlestick, you can get the answer.
Nota
imagen
Nota
4h chart is playing a RSI DIV game, which is good to our short trade so far still.
Nota
imagen
Nota
Hello guys, I still think GOLD is having trouble to break 1322 round so far.
Lets see how it goes later when CPI comes out.
Operación cerrada: objetivo alcanzado
Chart PatternsTrend AnalysisWave Analysis

Course and daily analysis sent via email, to sub via web:
signalsofswingtrading.com
Wechat: ziyuvera
Tele: t.me/VeraFuntrader
También en:

Exención de responsabilidad