VasilyTrader

GOLD (XAUUSD): Be Prepared to SellšŸ„‡

Short
VasilyTrader Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Gold is trading within a solid supply area as well.
To catch a bearish trend continuation, watch a double top formation on 1H time frame.
1804 - 1807 is its neckline.
Wait for its bearish breakout, then sell aggressively or on a retest.
Target will be 1790.

If the price breaks a blue zone to the upside, the setup will be invalid.

ā¤ļøIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!ā¤ļø
Comment:
Check my new analysis on EURNZD:

āœ…Join My Telegram Channel: t.me/VasilyTrading

ā—ļøYouTube Channel www.youtube.com/c/VasilyTrader

šŸ’°Instagram: www.instagram.com/VasilyTrader/ šŸ’°

āœ…Facebook: www.facebook.com/VasilyTrading/ āœ…
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.