Get started
VasilyTrader

GOLD: Aggressive counter trend trade

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
VasilyTrader  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators analysis forecast Gold goldtrading XAUUSD dollar Metals Commodities
13
0
trendanalysis chartpattern indicator analysis forecast gold goldtrading xauusd dollar metals commodities
snapshot

After a bearish breakout of a major support level
bears are exhausted and the market starts a correction cycle.
Head and shoulders pattern is a clear indication of bears unwillingness to go lower,
so we can catch a pullback.

Buy the breakout of a neckline.
Targets based strictly on structure.

Find more analysis on gold in related ideas.

✅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

VasilyTrader
SHORT GOLD: Bearish flag pattern + structure
VasilyTrader
S&P 500 PREPARE TO SELL: VOLUME DIVERGENCE
VasilyTrader
selling overbought market on dollar swiss
VasilyTrader
GOLD breaks key support level
VasilyTrader
Gold approaching a minor resistance
VasilyTrader
trading plan for gold: structure trade with confirmation
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.