An ascending channel has been detected.
An ascending channel is considered to be a compelling indicator that can be used to predict a bearish price move once price collapses through the support line.
XAU/USD to accomodate to 1985 as XAU/USD failes to keep gains.
Gold: Aufsteigender Kanal
XAU/USD,
1 Stunde
SHORT
Mai 24
XAU/USD sets up an ascending channel.
An ascending channel is believed to be a technical bearish pattern with an upward bias that typically signals that the price to go down when price breaks through the support.
There is a probability of a bearish run towards the 1970 level on a breakout of the ascending channel.
Gold: Aufsteigender Kanal
XAU/USD,
1 Stunde
SHORT
Mär 24
There is an ascending channel developing, the price is breaking out.
In case if price breaks below support, the move could predict that prices move counter to the prevailing price trend.
A bearish move towards 1990 is on the cards on a breakout of the ascending channel.
Gold: Aufsteigender Kanal
XAU/USD,
1 Stunde
SHORT
Mär 1
It seems like XAU/USD establishes an ascending channel, the price requires an active move for the certainty of breakout.
An ascending channel identifies a reliable chart pattern that is angled up that results in a move down if price breaks below support.
It is not ruled out that a bearish move towards the 2045 zone will happen as XAU/USD becomes capped.
Gold: Absteigendes Dreieck
XAU/USD,
4 Stunden
SHORT
Jan 3
There is a descending triangle developing.
A descending triangle tends to be a price formation that can be used to indicate extending an downtrend once price breakdown occurs.
There is a probability of a rangebound to 2060 as there is a chance of further weakness.
Gold: Absteigender Kanal
XAU/USD,
1 Stunde
LONG
Okt 25
A descending channel takes place, the price is ready to break out now.
A descending channel typically predicts a further move up once price breaks out to the the upside.
XAU/USD to move up towards the 1990 mark on a breakout of the descending channel.
Gold: Absteigender Kanal
XAU/USD,
1 Stunde
LONG
Jan 5
We can see that a descending channel is determined.
A descending channel typically results in a further move up once price breaks out.
XAU/USD to enjoy a considerable gain towards 2052 on a upside break.
Gold: Rechteck
XAU/USD,
1 Stunde
SHORT
Nov 6
XAU/USD forms a rectangle.
Once price breaks through the support, the move could predict the bulls have run out of steam.
XAU/USD to continue lower to 1985 on a breakout of the rectangle.
Gold: Aufsteigender Kanal
XAU/USD,
1 Stunde
SHORT
Apr 14
There is an ascending channel emerging and XAU/USD demands a more strong correction to confirm a breakout.
An ascending channel represents a specific price action signal that often identifies that the price to go down in case if price breaks through the support.
It is likely that a bearish price action towards 2050 will take place on a break below 2058.
Gold: Absteigender Kanal
XAU/USD,
1 Stunde
LONG
vor 2 Tagen
It seems like a descending channel is discovered.
A descending channel typically identifies a change in the prevailing trend if price breaks out.
Gold to continue higher to the 4220 level while above 4215.
Gold: Aufsteigender Kanal
XAU/USD,
1 Stunde
SHORT
Sep 24
It seems like an ascending channel has been recognized.
Once price breaks through the support, the resulting move could indicate an upward trend is nearing its end.
Gold to drop to 3740 on a breakout of the ascending channel.
Gold: Bärisches Rechteck
XAU/USD,
1 Stunde
SHORT
Okt 4
It looks like a bearish rectangle is found.
A bearish rectangle results in a sharp decline when price breaks through the support.
XAU/USD risks extra losses towards 1834 as XAU/USD nears 1835 hurdle.
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Gold · XAU/USD