ذهب
XAU/USD
4H
There is a descending channel forming and the price lacks a next move as a signal of a breakout.
A descending channel depicts a compelling formation that has a downward slope that can be used to identify a temporary interruption during a falling market once price breaks out.
XAU/USD to have better chances of advancing to the 1955 zone once beyond 1950 as door open for a test of 1955.