Weekly technical analysis (last quarter of 2020) #Gold analysis

Two channels overlapping waiting to be broken

Purchase of a broken rib during a test

Corrected to resume the decline from the broken support

Up in the bullish channel range on the daily

Positive attack with big buying momentum

Corrects for building on previously broken support

Bounce off the resistance on the H4 chart, targeting lower support

Selling inside the descending channel

نزيف سلبى للزوج بعد كسر القناة الصاعدة والدعم

In a descending channel and the correction is targeting to sell

It targets the correction to the upside and then to the downside, and you can buy from the resistance area

Weakness in the pair and significant negative momentum