THE UNLESS HAPPENED ON GOLD

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 QUICK UPDATE 📚

👉As we mentioned previously, we were looking for new longs as we were still bullish, However, price broke below our major swing low, to be confirming the bears are now in control!

👉Then what's next!?

👉As we can see price is now overall bearish trading inside this channel, Meanwhile, price approached a strong demand zone, lining up with lower bound of this channel acting as an over-sold zone, where we will be interested in looking for new longs as a correction movement.

And as per my trading plan, i will be zooming into lower time frame, to be looking for any bullish reversal setup.

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!