GOLD(XAUUSD): BEARISH TREND CONTINUES ✨✨

16 ก.พ.

📉Gold is experiencing a downward trend on a 4-hour chart and is consistently declining within a descending parallel channel.

At present, the pair is nearing a cluster of resistance, including a horizontal resistance and the resistance line of the descending channel.

I anticipate that the decline will continue once it undergoes a retest, and we can expect a bearish continuation towards the support level at 1980.