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¨Top and Bottom Analysis¨GOLD (XAU/USD) by ThinkingAntsOk

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Emas / Dollar A.S. (OANDA:XAUUSD)  
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OANDA:XAUUSD   Emas / Dollar A.S.
Trend Analysis Support and Resistance Multiple Time Frame Analysis XAU USD XAUUSD Gold Commodities LONG
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trendanalysis supportandresistance mtfa xau usd xauusd gold commodities long
4H CHART EXPLANATION:

Price is on a Corrective Descending Channel since February. Now it is breaking the corrective structure with bullish potential. In the middle term price can face two Resistance Zones, but the potential target area is the Weekly Resistance Zone.

Updates coming soon!



MULTITIMEFRAME ANALYSIS:

Daily:

snapshot

Weekly:

snapshot

*Please note that the above perspective is our view on the market, we do not provide signals and take no responsibility for your trades.
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"Top and Bottom Analysis" Short vision on XAU/USD (GOLD)
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