XAUUSD-GOLD: Forecast Short

GoldOANDA

Description

⋅ Jul 7, 2020 3:57 PM

Hi,

I hope you are have great day, today Gold has reached the double top, as there is a sell pattern for GOLD, it made three touch within three touch that is high probability SELL trade.

the only thing i am waiting is 4 hour candle rejection or engulfing candle, evening star.

this is my analyes on GOLD

GOLD H4:

GOLD H1:

Kind Regards

Comments

jojofang0901

⋅ Jul 7, 2020 11:36 PM

Hi, nice trade setup, I have a similar view as well. Thanks for sharing your idea.

kabtanfx

⋅ Jul 8, 2020 8:27 PM

@jojofang0901, Yes, it broke the double top with implusive movement which shows continuation momentum.