XAUUSD Bearish reversal at the top of the Channel Up.
Gold / XAUUSD reached the top of the 4 month Channel Up and is starting to reverse.
The 1day MA50 has been supporting since July 3rd and is the technical tolerance levels for buying.
The 1day RSI posts similar structures as the previous 3 bearish legs.
Also all three bullish legs have been around +8.00%.
Sell now and target the 0.618 Fibonacci level at 2560.
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The 1day MA50 has been supporting since July 3rd and is the technical tolerance levels for buying.
The 1day RSI posts similar structures as the previous 3 bearish legs.
Also all three bullish legs have been around +8.00%.
Sell now and target the 0.618 Fibonacci level at 2560.
Follow us, like the idea and leave a comment below!!
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