Gold Spot / U.S. Dollar

Short

Updated

GOLD breaks key support level

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

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