GOLD (XAUUSD): Your Trading Plan For Next Week 🥇
Updated
https://www.tradingview.com/x/nbb1pjw0/
Gold is currently testing a solid 4h structure resistance.
Analyzing the reaction of the price to that, I spotted a cute double top on that
on an hourly time frame.
To sell the market with a confirmation, wait for a breakout of a neckline of the pattern.
Hourly candle close below 1924 will confirm the violation,
a bearish continuation will be expected to 1916 support then.
Alternatively, a bullish breakout of a current resistance will invalide the setup.
❤️Please, support my work with like, thank you!❤️
Gold is currently testing a solid 4h structure resistance.
Analyzing the reaction of the price to that, I spotted a cute double top on that
on an hourly time frame.
To sell the market with a confirmation, wait for a breakout of a neckline of the pattern.
Hourly candle close below 1924 will confirm the violation,
a bearish continuation will be expected to 1916 support then.
Alternatively, a bullish breakout of a current resistance will invalide the setup.
❤️Please, support my work with like, thank you!❤️
Trade closed: target reached
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