#TradeIdea XAUUSD Analysis! In the H4 timeframe, gol | FBS Analytics
#TradeIdea
XAUUSD Analysis!
In the H4 timeframe, gold has formed a descending channel, and after the recent bounce from the lower trendline, the price is testing the 2030 resistance area, which creates two options:
If the bulls push the price and the price consolidates above 2030, the target will be the resistance of 2045 But if XAUUSD bounces off the resistance, we can expect a fall to the support of 2000
Predicting a bullish or bearish move? Share your thoughts in the comments
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