Description
⋅ Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
GOLD has been bullish trading within the flat channel in blue and it is currently hovering around the upper bound.
On M30: Right Chart
📈 For the bears to take over, we need a momentum candle close below the last major low highlighted in gray.
📉 Meanwhile, XAUUSD would be bullish short-term and can still trade higher to test the $2100.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr