Double top formation in a established bearish market gives us an opportunity around price 1827.5. Wait for confirmation after the penetration of the yellow dotted line. The purple rectangle is a previous area of Support that is now our Resistance. Take profit on the pink descending Trend line.
Thank You.
XAUUSD SELL: 1827.5
STOP LOSS: 1830.5
TAKE PROFIT: 1822.0 or let Profit run
Thank You.
XAUUSD SELL: 1827.5
STOP LOSS: 1830.5
TAKE PROFIT: 1822.0 or let Profit run
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Related publications
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.