GOLD → still bearish

Actualizado
hello guys...

as you can see, xauusd is in the descending channel and break out the middle line of the channel and head and shoulders pattern at the same time!

so it is so possible that this one continues a downward movement from here or after a correction.

it shouldn't go upper than the gray area, if this happens then this analysis becomes invalid.

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Nota
imagen

15MIN signal
Nota
long position details:

imagen
Operación cerrada: objetivo alcanzado
the short term analysis hit the target
Operación cerrada: precio stop alcanzado
about the analysis

as you see I mentioned if the price goes upper than the gray area it becomes invalid and this happens and made analysis invalid
Beyond Technical AnalysisChart PatternscommodityGoldTrend AnalysisXAUUSD

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