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KLETUS_KUNDY

GOLD SHORT SETUP

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
KLETUS_KUNDY Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Double Top or Bottom goldanalysis goldtrading tradewar Supply Zone
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trendanalysis chartpattern doubletoporbottom goldanalysis goldtrading tradewar supplyzone
Looking at Gold for a probable short trade Opportunity
On weekly timeframe Price was rejected from a Supply zone aligned perfectly with the 3rd touch of an Ascending channel
on the daily time frame price formed a Head and shoulder pattern signaling a Trend reversal dropping on the 4 Hour timeframw we have Double top at the Top of the structure(HEAD) and currently looking for a Bear flag confirmation retracing the neckline for the downward momentum to be confirmed
Comment:
GOLD looking good I will be looking for the confirmation on the lower timeframe to go short
Hope everyone caught the bullish move looking forward for the next move if price confirms
Comment:
for any enquiries just shoot a DM and I will get back to you ASAP
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