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VasilyTrader
Jun 5, 2023 11:46 AM

Gold (XAUUSD): Only If... 🟡  Short

GoldOANDA

Description



Gold is trading in a minor bearish trend on a daily.
After the price reached 1940 support, the market started to consolidate within a range.

I believe that the bearish trend will continue only after a bearish breakout of the support of the range.
Daily candle close below 1931 will confirm the violation.

A bearish continuation will be expected to 1900 then.

❤️Please, support my work with like, thank you!❤️
Comments
anand1988
still no confirmation yet
jpeacockfx
We think if we see this breakout then this would be a great trade to catch. Well done!
TradingShot
Not the most common proposition based on the current market conditions. Generally, it is possible assuming all arguments work out, so thumbs up just for this!
InvestingScope
Noted, let's see how it goes.
TradingBrokersView
Solid technical pattern, I've seen it work countless times on other assets as well.
ArmanShabanTrading
I’m impressed!
AnabelSignals
Great chart, bro!
LegionQ8
awesome gold idea mate, thanks for sharing
FirstNameHelen
Keep sharing your great charts dear, I like your work
basictradingtv
yes, I think a breakdown is likely!
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