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

The descending channel for gold

Buy inside the rising channel

It prepares for severe negativity

Waiting to break the uptrend

Two channels overlapping waiting to be broken

Purchase of a broken rib during a test

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 rose above support and selling from the main resistance