Hey yall its me again This is my analysis on gold for the coming week
The market is forming the Ending Diagonal, but it's not ready yet. ⠀ I recommend waiting for a bounce from the upper boundary. If after that the market is able to break the lower boundary of the channel, I will consider the short trade, as the risk will be limited by the structure. ⠀ This does not mean that you should sell right now, it means that if you have a trading plan, I recommend you to pay attention to XAUUSD structure.