GOLD: Update and Trading Plan

I have a very bearish bias on gold.
last week the 4h candle closed below 1416 structure support,
determining bearish sentiment for me.

now we see a steady correction in a rising parallel channel.
I am waiting for a bearish breakout of a channel to sell the market.

Kommentar:

Breakout attempt

Kommentar:

Still trading inside the flag

Kommentar:

Market is approaching resistance

Kommentar:

Still inside the flag

Trade geschlossen: Ziel wurde erreicht:

T1 reached

Trade geschlossen: Ziel wurde erreicht