VasilyTrader

GOLD (XAUUSD): Intraday Outlook & Trading Plan 🥇

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Update for Gold.
Earlier, we spotted a confirmed violation of a key horizontal support.

Retesting the broken structure, the price formed a narrow horizontal range on a 4H time frame.
Its support breakout - 4h candle close below 1931 - will give you a strong intraday confirmation.

A bearish continuation will be anticipated to 1923 / 1916 levels then.

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