XAUUSD H1
As we can see market was on a strong uptrend move since 22 april and continuously moving up, forming HH and HL and now at the end of the week i.e., Friday market started consolidating inside a parallel channel. So as of now we can expect that market will fell down to the lower channel support line after hitting the upper support trendline.
As we can see market was on a strong uptrend move since 22 april and continuously moving up, forming HH and HL and now at the end of the week i.e., Friday market started consolidating inside a parallel channel. So as of now we can expect that market will fell down to the lower channel support line after hitting the upper support trendline.