Gold is creating a downward structure in parallel channel.

7月31日

Hello IGT FOLLOWERS

Here is my gold overview, According to me gold will fall because it is continously working in a downward parallel channel.. Bearish momentum visible on lower timeframes (1H-4H) • Price Structure: Recently rejected from $3,320-$3,325 resistance zone Forming lower highs and lower lows- suggesting short-term downtrend continuation..

Key points :

Entry point : 3302
1st Target : 3282
2nd Target : 3250

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8月1日

交易進行

We have completed the first target because gold has touched to 3282.. so 200 pips have achieved.