GOLD | Double Top

١٥ فبراير ٢٠٢٢

XAUUSD (GOLD) is trading in a bullish parallel channel and has hit the top of the channel and confirming double top on horizontal level.

We are expecting the price would come down a bit and will increase again. So, a buy on dip is suggested on bullish sign.

To negate this view, the 1830 area holds the importants. Bears will be happy if they can drag the price till there.

Trade your levels accordingly.