This week gold was quite bullish . The market was steadily growing within an intraday 8H rising channel .
During the last two days, the price started to slow down. It looks like the market became locally overbought.
To catch a bearish move, wait for a breakout of a support of the channel (we need at least a candle close below), then sell aggressively or on a retest.
Goal will be 1755
In case of a bullish breakout of a resistance of a channel, bullish continuation will be expected.
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only then I will sell!
have a great weekend, traders!