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GOLD (XAUUSD): How to Catch a Bear Move? Full Plan: (trading plan)



Hey traders,


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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