Resistance @ 1805 level held pretty nicely, no candle close above it on the daily, even on the 4hr chart. This means if we don't see a retest of that resistance level, then this move lower would be an impulse move for a new low. However, if we get a move back up to 1805, then more than likely we would see Gold heading to the top of the bearish channel. ๐
Happy Trading folks!
Cheers!
Happy Trading folks!
Cheers!
Comment:
๐ค
Comment:
Reversal Trade -
Comment:
Just saw that we didn't reach 1805 ๐