XAUUSD TO THE MOON? 🚀
GOLD has been trading within this bearish channel for close to a year now and is finally showing signs of breaking out.
This could mean bullish continuation for the coming weeks/months.
We already have a clear breakout of the channel on the daily although id wait for price to break previous resistance of around 1875 for more confluence. If price respects this we could easily break back within the channel.
My EMAs are giving strong signs of bullish movement as its nearing towards each other for a crossover.
Lets see what happens...
XAUUSD
This could mean bullish continuation for the coming weeks/months.
We already have a clear breakout of the channel on the daily although id wait for price to break previous resistance of around 1875 for more confluence. If price respects this we could easily break back within the channel.
My EMAs are giving strong signs of bullish movement as its nearing towards each other for a crossover.
Lets see what happens...
XAUUSD
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