vikinsa

Gold: How To Trade Next Week: Analysis, Forecast & Trading Plan

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Traders, Gold fell from our high probability zone as per analysis. Please see previous analysis to understand the whole flow of analysis. (Links are below) It printed the biggest one day fall of this year and probably nearly whole decade. It created a bearish engulfing candle on weekly time frame and a Harami set up on daily time frame. It is also in the process of forming an M pattern which can push the price down. But there are few points we must consider before we take any long or short positions next week.


If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.


Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________

🔵 Free Telegram Channel: t.me/VikinsaFx

🔴 Training: bit.ly/vikinsacorestrategyprogram

🟣 YouTube : www.youtube.com/vikinsa

🟡 Twitter: twitter.com/vikinsa

🔴 Reviews: bit.ly/VikinsaTrustPilotViews
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.