Gold is trading inside a Channel Up, making today a new Higher High. This is a sell signal, as long as the price doesn't break higher. The minimum decline/ Bearish Leg inside this pattern has been -2.30%.
Trading Plan: 1. Sell on the current market price.
Targets: 1. 2215 (-2.30% from the top).
Tips: 1. The RSI (4h) crossed under the MA trendline. This has been the strongest sell signal on the previous two Higher Highs.
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