For some known reason, Gold remains bearish this entire week.
The market is currently correcting within a falling channel - a bullish flag on a 4H time frame.
Ahead, I see a bunch of strong intraday supports.
From one of these structures, a bullish rally may resume.
A trigger that you should look for is a bullish breakout of
a resistance line of the flag and a 4H candle close above that.
A bullish continuation will be expected then.
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✅Join My Telegram Channel: t.me/VasilyTrading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.