Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
WHAT ARE WE WAITING FOR GOLD!
Price is diving inside our resistance zone 2000_2050.
And as we mentioned before multiple times, price is still overall bullish from a short-term perspective.
In addition, price is overall bullish from a short-term perspective trading inside this channel, and for the bears to kick in we need a new swing low to be formed around the rising trendline then a break.
Or a break immediately below the marked swing low, with invalidation of the rising trendline, then yes the bears can kick in from a short-term.
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.
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