gold don't trade gold today, be careful!!
the price overall is going up, but for weeks on the weekly chart, the price is going down to reach the uptrend.
so the price is going up with the trend.
but in the daily chart, we are in up channel and the price touches the weekly downtrend but didn't break the up channel.
so I recommend waiting for a break out for up or down.
I don't recommend trading gold today and waiting for price action on the smaller time frames.
the price overall is going up, but for weeks on the weekly chart, the price is going down to reach the uptrend.
so the price is going up with the trend.
but in the daily chart, we are in up channel and the price touches the weekly downtrend but didn't break the up channel.
so I recommend waiting for a break out for up or down.
I don't recommend trading gold today and waiting for price action on the smaller time frames.
