Get started
Profound_Ambition

XAUUSD (GOLD) 4H

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Profound_Ambition Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Trend Lines Head and Shoulders Parallel Channel XAUUSD Gold DJ FXCM Index Supply Zone downtrend breakout
8
4
supportandresistance trendline headandshoulders parallelchannel xauusd gold usdollar supplyzone downtrend breakout
Price breaking though monthly support. Waiting for breakout of channel & retest for more downside continued. Retest & candle close under 1295 expected as well. Watch for candlestick pattern as well for extra confirmation. Head & shoulders pattern coming into play as posted a couple of days ago..

Trade with care!
Comment:
getting ready to take gold short.. breakout of channel done now coming up to retest
snapshot
Comment:
Comment:
patience.. Looks ok so far, first target 1282.00 support
Comment:
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.