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.
GOLD AROUND A CRITICAL ZONE.
As we can see price is still trading inside this flat broadening wedge pattern, Adding on price is sitting around a massive resistance zone, where we will be looking for new bearish movements.
Meanwhile, from a shorter-term perspective, price is still overall bullish trading inside this channel, and as per my trading plan, I will be waiting for a new swing low to be formed around our rising trendline then a break.
Until that price is still overall bullish and price can still trade higher.
And if we had a clean momentum candle close above our resistance zone, then we can expect a further bullish movement to be recording new all-time highs.
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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