Gold's Bearish Structure

25 במרץ 2020

I have sighted an ascending channel formed well on its printing. The price has respected the two parallel lines. The Current D1 candle formed a very nice bearish signal and expecting a hard fall back to 1540 - 1500 level. Currently involved in short positions from 1620, While price messing around 1610. 1640 became the resistance and expecting this level will remain unbroken for sometime. Good Luck!