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⋅ Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to triangle, where it bounced from resistance line and fell to support line, breaking $2020 level.
But soon it turned around and rose back, breaking this level again and later reaching resistance line.
After this, price made a small correction and then made upward impulse to $2150 level, exiting from triangle.
Soon, Gold broke $2150 level, which coincided with support area and rose a little higher, but recently it started to decline in channel.
In a short time price declined to support level, where at the moment XAU continues to trades near.
In my mind, Gold can bounce up from support line and rise to $2200 points, leaving falling channel.
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