Check out the trade plan for XAUUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
XAUUSD has formed a descending channel. We can spot a clear bullish breakout formed on the channel where it now holds the 4th impulse back towards the key level formed. After the pullback, we can expect a further rise in gold prices towards the pinned targets in the 4hour timeframe.