XAUUSD | Bulls Still Alive
XAUUSD is trading in a descending bearish channel. Making it a good consolidation area and formed a firm support at 52315. This level holds importance as bullish momentum still present in the market.
I am eyeing for long in gold once we have a breakout of channel.
Those who wants to play safe can enter after retest of the breakout area. I.e 2360