FX:XAUUSD   Gold Spot / U.S. Dollar
325 4 10
A new bearish H4 channel is forming. adv             nfp or nfp might help push gold             up to the region of $1240-1250 before dropping. I plan on trading this movement if gold             happens to trade within this trend channel. This is a plausible channel.

targets for long: $1240-1250
targets for short from the top is $1200-1190.

ALTERNATIVE: IF gold             stays within the larger daily bullish channel , we should see higher highs instead of 1190. any of these scenarios are possible.
Loii arif_awan
that is a nice graph
thanks Loii.
Looking Good :)
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