SaucedUpAnt

Double Top Gold

Short
SaucedUpAnt Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello all,
Pretty much clear as day Double top on weekly and monthly TFs. I’ve been pretty bearish on gold since March. We’re maintaining bearish PA on higher timeframes. I hope you all have a great trading week
Comment:
Gold is steadily continuing its current downtrend, and from PA in general price is maintaining lower highs and lower lows. Gold will likely hit 1700 and lower within the current weeks to months. To all that took the trade congrats you've made great gains, and there's much more to come!

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.