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CANAL DESCENDENTE
Oro
XAU/USD
1H
As we can see a descending channel is close to being complete.
If price breaks out, the move could indicate a temporary interruption of an existing trend.
Gold to accomodate towards the 4040 mark on a upside break as gold challenges 4030 hurdle.
CANAL DESCENDENTE
Oro
XAU/USD
1H
We can see that the price develops a descending channel, gold expects a next steady move as a clue of a breakout.
A descending channel often spots a bullish move once price breaks through the resistance.
There is a possibility of a bullish continuation to 4060 on a breach of 4040.
BANDERÍN
Oro
XAU/USD
4H
We can see that gold shapes a pennant and the price is ready to break out soon.
Once price breaks down, the resulting move could identify a next move down.
There is a probability of a bearish continuation to the 4000 zone on a breach of 4020 as risk reversal sheds bullish bias.
TRIÁNGULO DESCENDENTE
Oro
XAU/USD
1H
It seems like the price creates a descending triangle, gold requires a further steady move as a sign of a breakout.
A descending triangle denotes a reliable bearish price action signal that indicates extending an downtrend when price breaks out.
Gold to accomodate towards the 4040 zone on a break below 4050 as bears look for entries.
CANAL ASCENDENTE
Oro
XAU/USD
1H
There is an ascending channel revealed and the price demands a next move to confirm a breakdown.
An ascending channel typically predicts an upward trend is nearing its end once price breaks out.
There is a probability of corrective downside to the 4060 mark as the commodity probes 4075 hurdle.
CANAL DESCENDENTE
Oro
XAU/USD
1H
There is a descending channel happening.
A descending channel is said to depict a chart formation that is used to indicate a bullish price action if price breaks above resistance.
There is a probability of a further bullish continuation to 4100 on a breakout of the descending channel.
CANAL DESCENDENTE
Oro
XAU/USD
1H
As we can see a descending channel is found.
A descending channel can be thought of as a signal that is used to identify the more likely potential of rising prices when price breaks out.
A move to 4080 is likely.
CANAL DESCENDENTE
Oro
XAU/USD
1H
A descending channel has been spotted, gold asks for a more bigger bullish continuation to confirm a breakout.
In case if price breaks through the resistance, the resulting move could spot a temporary interruption of an existing trend.
A bullish run towards 4060 is a possibility once beyond 4035 as gold nears 4035 hurdle.
CANAL ASCENDENTE
Oro
XAU/USD
4H
There is an ascending channel materializing and the price is going to break out.
An ascending channel often signals a bearish price action once price breakdown occurs.
It is likely that a further bearish push down to the 4000 mark will occur on a breakout of the ascending channel.
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