GOLD (XAUUSD): Your Trading Plan For Next Week 🥇

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!

❤️If you have any questions, please, ask me in the comment section.
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Comment:

Check my new idea on EURUSD: