Gold is in very critical position.

Updated
Gold / 1H
Hello traders, as many of you have requested for another gold market breakdown in a lower time frame. Here you go.
As for the moment, gold is trading inside a rising channel approaching a local resistance level.
Bullish scenario: the price breaks above targeting the next highs.
Bearish scenario: the price gets rejected by the resistance level, that's a good signal to sell.

Trade safe.
Trader Leo,
Note
The Bearish side took over.
Chart PatternsGoldTrend Analysis

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