GOLD NEW UPDATE

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

GOLD Quick update.

As we can see price is still overall bearish from a medium-term perspective making clean lower lows and lower highs

And price recently rejected our falling trendline, as we mentioned in the previous analysis, and bears are clearly still in control trading lower.

Meanwhile, as the price will be approaching our lower support zone lining up with a strong demand zone, then we will be looking for new longs again as we did in the previous analysis.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

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