Uptrend in XAUUSD

Currently, the price above the blue zone (2690) is supposed to be the dominant trend for us to be bullish. The zone between 2690 and 2685 is a strong support that if broken downwards could be a sign of a trend change. The channel of the zones as well as the yellow trendline are too high for us and our targets could be on the downside.

إخلاء المسؤولية