Gold is moving within a descending channel and is now testing the upper boundary. 📈Bullish Scenario: If XAUUSD breaks above this resistance, we could see a rally toward 2622.00 and 2627.00. 🐻Bearish Scenario: A rejection at this level may send prices down to 2603.00 and 2597.00. submitted by /u/Yuriy_UK |