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NEXT MOVE FOR GOLD !

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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, as we mentioned last time when we were around a resistance, we were waiting for the bears to take over by breaking below the marked low right!
Then we traded lower

So for now, we are retesting the resistance zone speculating a new bearish movement as before

For now, price is trading inside this channel and approaching our resistance zone

For the bears to kick in we need a new swing low to form around the trendline then a break

Until that happens, we can still trade higher and higher before reversal


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

Be patient and good luck!

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