GOLD - TRIO RETEST!

GOLD is overall bearish trading inside the orange channel so we will be looking for Trend-Following sell setups as it approaches the upper orange trendline.

The highlighted purple circle is a strong area to look for sell setups as it is the intersection of the orange trendline, green resistance, and brown trendline retest. What I call "TRIO RETEST"

As per my trading style:
As GOLD approaches the purple circles, I will be looking for reversal sell setups on lower timeframes (like a double top pattern, trendline break, and so on...)

Unless the bulls break above the green zone again, then we will be looking for buy setups on its retest.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich