Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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GOLD QUICK UPDATE đź“š
👉Price is still sitting around a massive resistance zone, where we are still interested in looking for new bearish movements, Meanwhile, from a medium term, price is trading inside this rising channel, and price is sitting around a great supply zone, lining up with the upper bound of this channel.
👉Then what's next!?
Price is still bullish from a short term, and for the bears to kick in we need a break below the marked swing low by a momentum candle close below on M30 TF, then a movement lower would be expected.
Until that happens, price is still bullish and price can still trade higher to dive inside our resistance zone. đź“š
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and as usual follow your trading plan and manage your risk.
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