Gold long setup.
Price rejecting strong support and also at bottom of channel.
Not in yet. Will wait for confirmation on lower tf.
Price rejecting strong support and also at bottom of channel.
Not in yet. Will wait for confirmation on lower tf.
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DislikedHere's my technical perspective on XAUUSD. On the daily time frame, price action is consolidating within a symmetrical triangle. Technically, we may see a breakout on either side, but recent technical prints indicate a weakness in bullish influence and we may see bears seize the initiative in the early part of this week. I may be wrong. Trade safe and prosper. KP {image}Ignored