TradeWithMky

symmetrical Triangle on Gold

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
#TradeWithMky

symmetrical triangle on gold in H4 time frame
confirmed by trend line trading
confirmed by Price action Trading
confirmed by pattern trading
confirmed by multi time Frame analysis bearish movement on Gold

So There are some reasons we are bearish in gold
actually we can expect a bearish movement on BTCUsd as well so Usd is going to be strong soon
by the time USD gets power we expect a bullish market on USD
XAUUSd would be bearish

also there are some more reasons for xauusd that if breaked Triangle from top it would be bullish
actually Price action and support resistance lines confirmed this so lets see what would be happen For Gold In H4 Time Frame

good luck

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