GOLD (XAUUSD): Channel Breakout & Bearish Move 🥇

Gold finally broke below a support line of a rising parallel channel on 4H.
The price also set a lower high. It is important bearish clue.

Taking into consideration that the market is heavily overbought,
chances are high that today/tomorrow we will see a pullback.

Closest strong support - 1875

❤️Please, support this idea with a like and comment!❤️

⬇️Subscribe to my social networks!⬇️

Komentar:

Check my new idea on AUDUSD: