$XAU trend movements

Update on XAUUSD: it steadily moves within the descending channel

XAUUSD moved within the descending channel, which formed when the price touched the channel borders 19 times and has been valid since 3 September.
Current situation
The price is moving towards the upper border of the descending channel.
Possible scenario
Analysts recommend opening a Buy order with a take profit near the upper channel border.
I will publish our next post on price channels at 8:00 a.m. UTC tomorrow. Come back to discover more trading insights.
Share your thoughts in the comments section if it's available for you.#gold #XAU #trend #Descending