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VasilyTrader
Nov 28, 2020 11:25 AM

GOLD (XAUUSD): Important Breakout & Continuation Short

Gold/U.S. DollarFXCM

Description



Gold broke key level again.
And though I was quite confident in 1800 level, after two day's consolidation the price has easily broken that.

With yesterday's daily candle close I expect a bearish continuation next week.

The area around 1750 will be the next goal for sellers based on price action in May/June.
Comments
TRADESBYZION
Im shorting too
VasilyTrader
@TRADESBYZION, thank you for comment my friend!
Smartrade-fx
Yeah I certainly agree with that. Let’s see how it plays out next week
VasilyTrader
@Smartrade-fx, thank you for support brother!!!
VasilyTrader
Do you see the same picture as I do?
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