XAUUSD technical analysis!At the beginning of today's trading session, the price bounced off the
upper border of the global rising channel. Locally, XAUUSD is correcting within the
local descending channel.
At this particular moment, XAUUSD is trying to break the upper border of the local channel.
If sellers defend this resistance, the price will decline toward 2029.00 (lower border);
As soon as XAUUSD breaks above the upper local channel's border, it will move to 2050.00.
Smash if you agree with the analysis! Leave a comment if you have a different opinion
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