Gold- Still in up channel. Waiting for short trigger

٢٨ أكتوبر ٢٠٢١

Since the beginning of the month, Gold is trading in an up channel.
Up channels are reversal patterns indicating a lack of impulse.
1780 is now clear support and a break here would signal that bears took control
1720 support could be sellers target and, on the other hand, sustained buying above 1800 would negate this scenario