Gold | Ascending Structure + Correction after the breakout Entry

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Chart Patterns Gold shortsetup reversal

trendanalysis chartpattern gold shortsetup reversal

Price was approaching the HTF structure Swing high area correctively in the form of an ascending channel but we broke out it looks like we have a clean correction after the breakout for our entry to the downside.

Related Ideas

about XAUUSD

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.