Resistance @ 1805 level held pretty nicely, no candle close above it on the daily, even on the 4hr chart. This means if we don't see a retest of that resistance level, then this move lower would be an impulse move for a new low. However, if we get a move back up to 1805, then more than likely we would see Gold heading to the top of the bearish channel. 😎
Happy Trading folks!
Cheers!
Happy Trading folks!
Cheers!
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🤞
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Reversal Trade -
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Just saw that we didn't reach 1805 🙄