GOLD (XAUUSD): And Now We Are Bearish! What is Next? 🥇
Updated
Hey traders,
It turned out that gold went quite overbought.
Slowing down within a rising parallel channel on intraday time frames,
on Friday its support was broken.
Now we may expect a correctional move to 1810 - 1834 daily demand cluster.
Only then a bullish wave will be expected.
Have a wonderful weekend!
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