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VasilyTrader
Oct 30, 2021 9:55 AM

GOLD (XAUUSD): Bearish Scenario For Next Week Explained 🥇 Short

GoldOANDA

Description



Hey traders,

After a 1-month long correctional movement within a bearish flag pattern,
on Friday the price finally broke and closed below its support.

A double top formation with a lower high and its neckline breakout increase the chances of a further decline next week.

I will expect a drop to 1763 / 1750 levels.

Good luck & have a great weekend, traders!

❤️Please, support this idea with like and comment!❤️

Comment

Check my new idea on GBPAUD:
Comments
Haatef
hi,my friend i come back and see your powerful analize agin,very goood
VasilyTrader
@Haatef, thank you so much brother)))
financialflagship
Nice analysis, many thanks. 🔥🔥
VasilyTrader
@financialflagship, thanks a lot buddy ☺️☺️☺️
natrajsinha
I was approaching gold same way as u did...learning alot from u each day ...thankx vasily
VasilyTrader
@natrajsinha9, you are welcome my friend :)
ProSignalsFx
Same bias bro! gonna fall!
VasilyTrader
@ProSignalsFx, thank you for comment buddy
UnitedSignals
Good luck!
VasilyTrader
@UnitedSignals, thank you bro :)
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