Gold - 1H ascending channel

2023년 12월 19일

After a bullish spike, I look for the formation of a channel to gauge the market's next move. It's a strategy that often reveals whether the initial surge is sustainable or just a temporary blip. In this chart, we see Gold forming an ascending channel post-spike, suggesting the uptrend may continue.

2023년 12월 22일

코멘트

The XAUUSD price is still in the ascending channel and the bullish target is upper than these levels.

2023년 12월 27일

코멘트

Spot on! The channel performed perfectly. A toast to all the buyers who capitalized on this trend...