Gold preaparing for a bearish move?

15 באוק׳ 2023

Gold is still in an overall bearish move, stuck in a descending channel. last week we closed with a strong bullish to the the trendline resistance. This upper trendline of the descending channel coincide with an order block responsible for a break of structure the previous week plus a 3rd touch. that gives us good confluence for a beautiful sell opportunity. We wait for a reversal candlestick to enter for a sell.