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¤ļøIf 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:
ā
Join My Telegram Channel: t.me/VasilyTrading
āļøYouTube Channel www.youtube.com/c/VasilyTrader
š°Instagram: www.instagram.com/VasilyTrader/ š°
ā Facebook: www.facebook.com/VasilyTrading/ ā
āļøYouTube Channel www.youtube.com/c/VasilyTrader
š°Instagram: www.instagram.com/VasilyTrader/ š°
ā Facebook: www.facebook.com/VasilyTrading/ ā