GOLD (XAUUSD): Your Trading Plan For Next Week 🥇
Updated
Hey traders,
Gold finally reached a lower boundary of a major horizontal weekly trading range.
As I predicted, the market bounced nicely from that.
On focus is a falling parallel channel on a daily time frame now.
While the market stays within that gold remains bearish.
I would suggest waiting for its bullish breakout as a trigger for buying again.
For now, be patient and let the market trade within the channel.
Good luck next week!
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