ELDigital

Entry to catch a weekly bearish setup

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
price is in a weekly supply zone and hovering below a channel resistance as shown in my previous analysis for gold, so we will be drilling down to the lower timeframes to look for selling opportunities and this setup here offers just that, sell at the top zone which confluences with the descending trendline.
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