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