XAUUSD / 4H
Gold is trading inside a trading range, where traders look to sell high and buy low.
However, the trading range is nested inside a rising channel which is a bearish pattern where traders wait for the breakout
to sell more.
I'll keep an eye for a long opportinity from support first, if we get a breakout, shorting gold would be an option.
trade safe,
trader Leo.
Gold is trading inside a trading range, where traders look to sell high and buy low.
However, the trading range is nested inside a rising channel which is a bearish pattern where traders wait for the breakout
to sell more.
I'll keep an eye for a long opportinity from support first, if we get a breakout, shorting gold would be an option.
trade safe,
trader Leo.
Telegram: t.me/BeatTheMarketsetups
Youtube:
m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap
Youtube:
m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap