OptimoomFX

Gold- Breakdown soon?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has reversed gains yesterday from, now, strong 1830 resistance area .
A breakdown could accelerate losses and 1760 support could be sellers target.
Sell rallies is my strategy and only a daily close above 1830 would put a pause in this bearish scenario
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Comments

Bravo
awesome chart and idea
+2 Reply
proper TA with great summary I like it
+1 Reply
Risky but also can go up again above 1835 I will not touch this will trap short and bulls in any case if breakdown instead if shirt accumulate for the upside big move up coming next
+1 Reply
after breaking support it can dump
+1 Reply
OptimoomFX MMBTtrader
@MMBTtrader, yes
Thanks for comm
Reply
Totally agree! 🔥🔥 🦐
Reply
Good luck bro! This is our analysis on the same instrument
Reply
Most definitely!
Reply