GOLD - Price can make move up and then fall to support area
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments on TradingView (link above)👊
Some days ago price broke $2640 level and then declined a little, after which turned around and started to grow inside channel.
In channel, price reached support area and then bounced to support line of channel, and then rose higher than $2640 level, breaking it.
Next, Gold corrected and then continued to grow to resistance line of channel, after which made a small correction again.
Price rose to $2720 level, broke it, and madea retest, after which it soon exited from rising channel as well.
After this movement, Gold rose a little higher and then started to decline, so, now I think it can rise a little.
Then Gold can continue to decline to $2710, which is located in support area.
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