July 18, 2025
Trade ideas
XAUUSD, H4
On the H4, XAUUSD formed a descending channel pattern after a retest from the global trendline. The price has reached the MA200, and Momentum is pointing to the beginning of the upside.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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