Gold Spot / U.S. Dollar

Short

GOLD breaks key support level

By VasilyTrader

Updated

snapshot

Trading plan:

Breakout is not confirmed/let the daily candle close below structure
After a confirmation you can:
sell aggressively without a retest
wait and sell the retest of broken support
Next levels of support are 1260 and 1240

Note

Breakout is confirmed

Note

after closing below structure the market is retesting a broken level

Note

Retest and going down

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅

Also on:

Related publications

bearish cypher pattern + bearish gartley pattern + structure

by VasilyTrader

trading plan for gold: structure trade with confirmation

by VasilyTrader

Gold approaching a minor resistance

by VasilyTrader

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.