GOLD (XAUUSD) Time to Fall!!! 🥇

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

supportandresistance parallelchannel waveanalysis futures gold xauusd silver xagusd

Gold was trading in sideways for the last two days.
The price was stuck within a narrow horizontal trading range.

This morning we see a range breakout.
Hourly candle closed below its support & for us, it is a very strong bearish trigger.

Now I expect a bearish continuation to 1845/1835 levels

❤️Please, support this idea with a like and comment!❤️

⬇️Subscribe to my social networks!⬇️

Comment:

Check my new analysis on EURUSD:

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about GBPUSD 11

about XAUUSD 25

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.