XAUUSD - H4

In the XAUUSD chart we can create 2 modes. In the first case, we expect the price to fall based on the break of the support line and the placement of the price below the support line. In this fall, the price can reach up to 1780 dollars per ounce of gold. In the second case, we can say that the price is moving in an upward channel. In this ascent, the price can reach 1853.



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