XAUUSDGold / U.S. DollarFOREXCOM:XAUUSDHAMED_AZHello Traders! 👋 What are your thoughts on Gold? Gold is moving within a well-defined ascending channel. After reaching the upper boundary of the channel, a bearish divergence has formed, which has triggered a price reaction and a corrective move. This correction is expected to extend toward the lower boundary of the channel, which aligns with the previous high and acts as a strong support zone. In this area, we anticipate a bullish reaction and a potential continuation of the upward trend. At the support zone, we will be waiting for confirmation signals before entering any long positions. Don’t forget to like and share your thoughts in the comments! ❤️