Post #7732

Gold is trading within a parallel channel in an uptrend on the 4-hour timeframe, respecting both sides as support and resistance zones. After reaching the upper side of the channel and taking liquidity, a potential reversal is indicated. Trade details are as follows: the sell position is at 4360, with a stop loss set at 4400. The targets for this trade are 4340, 4320, and 4200.