Gold on the weekend, noted what?

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Hello traders!

On the 1D chart, the downtrend channel continues to be active, and gold is still developing positively this week with a high price of $1883. However, it has not yet broken out of the prolonged downward trend.

Expectations are that after gold reaches the upper limit of the uptrend channel at $1910, there will be a drop. On the other hand, breaking the trendline at $1910 in the future could open up new highs for gold. However, I still have a strong belief that prices will decline in the near future because EMA and RSI are still supporting discounts
Заметка
Gold price at the end of the transaction: price decreases slight
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ForexgoldideaHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalTrend AnalysisXAUUSD

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