Sangam-Agarwal

gold intraday chart pattern

OANDA:XAUUSD   Gold Spot / U.S. Dollar
parallel channel

resistance 1800, 1808
support 1789, 1782

bullish as long as price trading inside channel
bearish on breakout. entry on retest after breakout.

buy at retest of lower trend line. take profit at upper trend line. repeat until trend line breaks.
sell on retest of lower trend line after breakout.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.