GOLD BEARS TOOK OVER!

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

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GOLD, WHAT'S NEXT

👉As we can see GOLD price is still overall bearish trading inside this channel 📚

👉However, price is sitting around our falling trendline, where we will be looking for new bearish movements as a trend-following sell setups, Unless OfCourse, price managed to break above our falling trendline, then a movement higher would be expected till the upper strong resistance zone.

👉Meanwhile, if the price managed to trade again lower, price will be meeting a massive demand zone, lining up with our lower bound of this channel acting as an over-sold zone, where we will be looking for new longs as a correction movement.


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

Be patient and good luck!