XAUUSD - 16 May 2023

Gold is in an ascending channel, and currently the price is close to the bottom of this channel.
There is a liquidity zone at the bottom of the channel, which I predict, after the Retail Sales news on New York session, the price will reach this zone and move to the top of the channel from there.

Have a wild day :)
behnaxi
Beyond Technical AnalysisgoldsignalssignalTrend AnalysisXAUUSDxauusd4h

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