GOLD CORRECTION STARTED; IMPULSE EXPECTED

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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GOLD CORRECTION STARTED IMPULSE EXPECTED đź“š


👉As we can see price is still overall bearish trading inside this falling channel, from a long-term perspective, Meanwhile, we caught a nice bullish correction movement as per our previous analysis.

👉Moreover, price is approaching a massive zone, previous highs and lows lining up with our falling trendline, where we will be looking for new bearish movements on lower time frame like double top or any bearish reversal pattern.

Unless price managed to break above our entire channel, then a movement higher would be expected to be diving inside our resistance zone, where we will be looking for new bearish movements.


If you like this kind of analysis don't forget to like and follow

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

Be patient and good luck!
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