FX:XAUUSD   Gold Spot / U.S. Dollar
Current setup on gold has the potential to setup a bearish gartley pattern with our D leg forming at the H1 supply level and resistance round the 1223.45 area, we are looking to take short positions at this level as we may see continued dollar strength this week, market can also form potential bearish divergence should we break the most recent high at 1220.00. this move should play out for an intra day trade monday going into tuesday.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.