XAU/USD Analysis: Could Go Downwards

<p>Yesterday, the XAU/USD exchange rate broke the upper line of the short-term descending channel. During Thursday morning, the rate resumed to trade within the given level. From a theoretical point of view, it is likely that some downside potential could prevail in the market, and the rate could target the lower channel line located circa […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/311603-xau-usd-analysis-could-go-downwards/">XAU/USD Analysis: Could Go Downwards</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>