Gold is trading in a long term bearish trend. After a correctional movement, at the beginning of October, the market initiated a new bearish wave.
The market is currently approaching 1635 - 1645 support. To catch a bearish continuation, wait for its bearish breakout (4h candle close below the underlined zone). A bearish continuation will be expected to 1620 support then.
Good luck next week, traders.
❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.