GOLD - Short term Short | Decending Channel

٦ ديسمبر ٢٠١٩

Gold looking bullish in the higher time frames, has recently been forming a descending channel, or possible flag during an accumulation wave. Currently at the top of the channel and consolidating near the top. Waiting for confirmation of the breakout of consolidation area for a possible short to the lower part of the channel. Overall bullish on this, so looking at taking a possible long if the bottom of the channel is reached and price reacts strongly back to up side