Gold fluctuates at high levels, first short and then longAt present, the short-term moving average of gold maintains a hook upward divergence and continues to fluctuate in a stronger trend. From the perspective of the market trend, a wave of retracement has basically completed the repair of the technical pattern. It tends to continue to maintain a high-level oscillation and stronger trend in the late trading. From the 4-hour trend, the resistance of the 3060 line above is still very strong. If it is not broken, you can boldly go short. Focus on the 3030 line below. It may fluctuate in this range at night. The strategic idea is to go short on the rebound first and then fall back to arrange long orders.
Operation guide 1: short at rebound around 3052-3055, stop loss 3060, target 3032
Operation guide 2: long at retracement around 3030-3035, stop loss 3022, target 3051
Xauusdanalysis
Gold's rise is not over yet! Continue to go long if it falls bacThis round of price fell from the previous high of 3057, and the first round of selling was at 3000; it fell to 3002 at the beginning of the week and then stabilized and rebounded. The article emphasizes that the market will focus on the key attack and defense of 3035, the 61.8% node of the 3000-3057 line; if it is under pressure, the short-selling idea will be maintained, and if it breaks through, it will return to a high level;
Strategy 1: Buy near 3048, protect 3038, target 3059-3070;
Strategy 2: Buy near 3038, protect 3028, target 3059-3070; (alternative)
Will gold continue to rise? Operational suggestions and analysisThe price of gold has fallen from the previous high of 3057, with the first round of selling at 3000; if it is under pressure, the bearish strategy will be maintained, and if it breaks through, it will return to a high level; previously, the price broke through 3057 after stabilizing at 3035, and the daily chart included a big positive, and the K-line combination was bullish. It is currently recommended to continue to look higher.
Operation suggestions:
Strategy 1: Buy near 3048, protect 3038, target 3059-3070;
Strategy 2: Buy near 3038, protect 3028, target 3059-3070; (alternative)
GOLD: Short, Target 3041-3036After yesterday's rise, some gold indicators have formed a relatively obvious short position, so in today's trading, I personally recommend focusing on the short position.
During the trading process, we need to pay attention to the support points of 3046/3037/3032, the high point of resistance of 3060, and the possible new high of 3067.
From the overall situation, it is unlikely to break through 3067 today, but it is more likely to fall to around 3037.
XAUUSD – Refined Daily Plan w/ Sniper Entries🔹 HTF Bias (D1 + H4)
🔼 Overall trend: Bullish
Price is inside a Premium HTF zone (3065–3090)
Daily and H4 structure are bullish, but price is testing a major liquidity zone
Reaction expected either:
✅ Bullish continuation on breakout
🔁 Short-term rejection for retracement ➤ sniper setups engage
🧠 Current Setup Situation (M15–H4 Context)
📍 Price is consolidating below 3065, forming equal highs ➤ liquidity sitting above
M15 + M30 show clear FVG + OB confluence zones
H4 has no CHoCH yet — structure intact
Strategy: reactive entries based on smart money reaction
🔻 SNIPER SELL SETUP (Scalp to Retrace)
🎯 Sell Plan:
Entry Zone: 3064.5 – 3066
SL: Above 3070 (above wick + LQ)
TP1: 3041 → M30 FVG
TP2: 3020 → H1 bullish OB
TP3: 3008 → large imbalance (LTF)
⚠️ Entry Conditions:
Price must:
Sweep liquidity above equal highs
Show M15 or M5 bearish BOS / engulfing
Ideally with shift in order flow (CHoCH)
✅ Confluences:
D1 & H4 Premium zone
M15 OB + FVG
Liquidity resting above 3065
🔺 SNIPER BUY SETUP (Continuation)
🎯 Buy Plan:
Entry Zone: 3016–3020
SL: Below 3010
TP1: 3035
TP2: 3055
TP3: 3065 (liquidity revisit)
⚠️ Entry Conditions:
Clean rejection from OB zone
Bullish candle (M15/M30) or LTF BOS
No full break below 3008 – that invalidates buy
✅ Confluences:
Clean OB + FVG (M30 / H1)
Sits in discount zone after potential rejection
H4 demand & D1 continuation zone
🧭 Decision Tree
→ If price breaks 3065 + holds → wait for retest → long continuation
→ If price sweeps 3065 + shows rejection → sniper sell
→ If price drops to 3020 → look for long
→ If price breaks 3008 → wait for structure to reset
🧼 Summary:
HTF = Bullish
Active zone = 3065 (reaction zone)
Trade reaction, not prediction
Let price come to your zone. Then strike like a sniper 🧠⚔️
Sniper setups only execute after LTF confirmation
🧠 Structure > Emotion
🎯 Setup > Impulse
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XAUUSD – H4 Trading Plan📍 Structure
✅ Market structure: Bullish
🔼 Recent BOS confirms continuation
📈 Price is pushing into resistance zone @ 3065
⚠️ No CHoCH yet = no shift, but signs of potential slowing momentum
🧩 Zones of Interest
🔵 3065–3090 → Supply / Premium zone
– Major liquidity draw
– Inside weekly imbalance → potential reversal zone
🔵 2955 → Prior range high + FVG
– Ideal first mitigation target
🔵 2790–2800 → OB zone + consolidation base
– Swing target if breakdown continues
🎯 Trade Scenarios
🔼 Bullish Breakout
Break & retest of 3065 (clean H4 close above)
LTF entry (M15–H1) on pullback
🎯 Target: ATH sweep (3100+)
🛡️ SL: Below HL or valid OB
🔽 Bearish Rejection
Strong reaction from 3065–3090 zone
Wait for H4 CHoCH → then Lower High
🎯 TP1: 2955
🎯 TP2: 2800
🛡️ SL: Above rejection wick
📌 Notes
✋ No short without H4 CHoCH confirmation
🧠 Structure is king – reaction first, entry second
Premium zone = decision zone → be reactive, not predictive
XAUUSD – Weekly (W1) Trading Plan🧱 Market Structure
Clear bullish structure with sustained Higher Highs (HH) and Higher Lows (HL).
Strong impulsive candles show aggressive bullish momentum, no signs of exhaustion yet.
Order flow remains bullish until proven otherwise.
🔍 Key Zones (S&D, FVGs, Gaps)
🔝 Premium Zone
Current price is within this premium area, which contains a weekly FVG / imbalance.
Price is reacting inside this inefficiency (3064–3094) → draw on liquidity.
This is not a demand zone, but rather a sell-side trap area for late buyers.
Possibilities:
Price fully fills the gap to ~3094 → then reverses (bearish reaction).
Or, price continues pushing up for ATH sweep (liquidity above all-time-high).
🧩 Below Current Price – Mitigation Zones
🔵 2900–2950: Minor imbalance, could be used as short-term retracement target.
🔵 2750–2800: OB + structural retest zone → high-interest mitigation area.
🔵 ~2480–2550: Deep retracement zone – valid only if major structure breaks.
📈 EMA Overview
(Assuming standard 5/21/50/200 EMA stack)
Price is far above all EMAs → strong bullish sentiment.
A revisit to the 21 or 50 EMA (weekly) would represent healthy retracement.
⚖️ Bias
Term Direction Reason
Long-term ✅ Bullish Strong structure, unmitigated imbalances above
Medium-term ⚠️ Neutral-to-bullish Depends on reaction from 3064–3094
Short-term 🔄 Await reaction LTF confirmation needed for short setups
🎯 Trade Scenarios
🟩 Bullish Continuation
If price uses 3064–3094 as support (mitigation → continuation)
Targets: New ATH above 3100+
Strategy: Wait for bullish PA confirmation (engulfing / BOS on D1/H4)
🟥 Bearish Rejection
If price shows strong bearish reaction from 3064–3094 zone
Ideal confirmation: bearish engulfing / CHoCH on H4/H1
Targets:
TP1: 2950
TP2: 2800
SL above the high (once structure confirms)
⏳ What to Watch Next
Weekly close relative to the 3064–3094 zone
Daily/H4 candlestick behavior: rejection vs continuation
Look for divergence between price and momentum, or exhaustion candles
Gold breaks out for new highs. Ideal for shorting!Today, major funds in the gold market are rapidly covering their short positions, triggering a short - term technical rebound. Despite the bearish outlook remaining solid from a fundamental perspective, investors should prioritize prudent position sizing and effective risk management. Notably, once this corrective upward movement concludes, the market may face a more pronounced downward trend.
XAUUSD
sell@3050-3055-3060
tp:3035-3025
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How do you view the market?Market Sentiment Aspect
During sideways consolidation and oscillation with limited price swings, bullish sentiment may quietly build. When the XAUUSD price breaks through the resistance, this sentiment is unleashed, sparking more buying. Moreover, large institutional investors and professional traders may use technical analysis to establish long positions early. As the price breaks through, their profitable long positions draw in more buyers, solidifying the bulls’ dominance.
Presently, within the XAUUSD market, the 3060 level has emerged as a highly significant resistance zone, effectively impeding upward price momentum. In light of this persistent and robust resistance at current elevated price levels, we intend to sustain a steadfastly bearish trading stance.
💎💎💎 XAUUSD 💎💎💎
🎁 Sell@3055 - 3065
🎁 TP 3040 3030 3020 3010 3000
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How d'we beat 'em? Sell@3060Energy Accumulation during Sideways Consolidation
The consecutive days of sideways consolidation represent a temporary equilibrium between the bulls and the bears. During this period, the bulls are constantly accumulating strength, while the bears' strength is gradually being depleted. Just like a compressed spring, the longer the sideways consolidation lasts, the greater the upward momentum accumulated, which creates conditions for a subsequent breakout.
Breakthrough of Key Resistance Level
The $3040 level is an important resistance level. When the gold price successfully breaks through this level, it triggers follow - up buying from a technical perspective. According to technical analysis theory, breaking through a key resistance level is an important signal of trend continuation or reversal. Once the resistance level is broken, it will attract a large number of technical investors to follow suit and buy, driving the gold price to rise further. Meanwhile, after the resistance level is broken, the original resistance level will turn into a support level, providing support for the further rise of the gold price.
Market Sentiment Aspect
During the period of sideways consolidation and oscillation, although the price fluctuations are relatively small, the bullish sentiment in the market may gradually accumulate. Once the gold price breaks through the resistance level, this bullish sentiment will be ignited, triggering more buying behaviors from investors. In addition, some large institutional investors or professional traders may, through means such as technical analysis, lay out long positions in advance. When the gold price breaks through the resistance level, their long positions start to generate profits, thus attracting more investors to follow suit and buy, forming a situation where the bulls take the lead.
💎💎💎 XAUUSD 💎💎💎
🎁 Sell@3055 - 3065
🎁 TP 3040 3030 3020 3010 3000
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XAU/USD strategy discussionIn the early stage of gold trading this week, we continued to make profits with a reasonable strategy. But in early trading today, after setting a stop loss according to the established strategy, due to market fluctuations far exceeding expectations, our short order strictly implemented a stop loss after reaching 3045, but when gold tested the 3060 resistance again, I chose to short again and reap profits
Today once again highlights the high degree of uncertainty in the market, even in the profitable stage, latent risks cannot be ignored.
Reasonable adjustment of trading strategies according to risk tolerance can ensure stable account growth.
If you have any questions, you can leave me a message and I will be more than happy to answer them for you.
Analysis of the latest gold market trendsA wave of retracement in the market trend has basically completed the repair of the technical pattern. It tends to continue to maintain a high-level shock and a stronger trend in the late trading. From the 4-hour trend, the resistance at the 3060 level above is still very strong. If it is not broken, you can go short boldly. Focus on the 3030 level below. It may fluctuate in this range at night.
Operation guide 1: short at rebound around 3052-3055, stop loss 3060, target 3032
Operation guide 2: long at retracement around 3030-3035, stop loss 3022, target 3051
Gold (XAU/USD) Breakout & Retest: Next Stop $3,080?🔍 Key Observations:
🔹 Ascending Triangle Breakout:
📈 Price was consolidating in an ascending triangle (🔺) and has broken out above resistance.
🚀 Bullish momentum is in play.
🔹 All-Time High (ATH) Resistance Zone:
🛑 Resistance Area (🔵) is where price has struggled before.
🔵🔵 Rejection signs at this level indicate a possible pullback.
🔹 Fair Value Gap (FVG) Retest:
🔽 Price may pull back into the Fair Value Gap (FVG) (📦) before moving higher.
🎯 This zone ($3,030 - $3,040) could act as a buying area.
🔹 Target Point at $3,080:
🎯 Main target for bulls is $3,080 (📈).
🔝 Price could retest the ATH zone before a push
🔹 Dynamic Support (DEMA 9):
📊 DEMA 9 (📉) at $3,052.80 is acting as support.
🔮 Expected Price Action:
⚫ Scenario 1 (Bullish) 🚀
➡️ Pullback into FVG zone (📦) → Buyers step in → Move toward $3,080 🎯
⚫ Scenario 2 (Bearish) 📉
❌ If price breaks below FVG → Further downside risk
✅ Conclusion:
🟢 Bullish bias remains strong unless price falls below FVG.
📌 Traders may look for entries in the FVG zone for a move to $3,080 🎯.
🔥🚀 Gold could be setting up for another push!
Gold suddenly hits a new high, ideas for future trends!Today's thoughts;
1; For the upper short position, you can try a position at 3058, with a small stop loss of 5-8 points. If you do not cover the position after the loss, do not enter again. The target is 10 points or more. The previous high is near this point. For the short position, try a position at this point.
2; For the lower long position, you can try a position at 3020, short-term, 5-8 points, and the long position must have a stop loss. If you do not want to take losses, you can not participate in the long position.
Gold breaks through the latest high, market trend analysis.Spot gold fluctuated repeatedly in a narrow range, continuing the upward trend. Because the bullish trend in recent years has been extremely strong, it is always easy to catch larger swing profits by following the trend. Now it depends on whether the previous high of 3060 has the possibility of breaking through a new high.
Operation ideas;
1; For the upper short position, you can try a single order at the 3055 line, with a small stop loss of 5-8 points. If the loss is swept and the position is not covered, no more entry is made. The target is 10 points or more. The previous high is near this point. For the short position, try a single order at this point.
2; For the lower long position, you can try a single order at the 3020 line, do short-term, look at 5-8 points, and the long position must have a stop loss.
XAUUSD:End-of-Session Trading StrategyToday, gold experienced a shakeout after a period of volatility and made a strong assault on 3060. The trading idea for the end of the trading session is now extremely clear. We have chosen to enter a short position for the second time below the previous historical high range of 3055-57. The short positions established at 3052-55 have currently retreated to around 3035 at the lowest. Since there has been a pullback from the high level, it indicates that the bullish momentum is not that strong. There has been no decisive breakthrough in one go, and the probability of breaking through 3055 tonight is gradually decreasing. It is highly likely that the gold price will consolidate within the range of 3030-50 at the end of the trading session. When the price pulls back to around 3031-33 at the lower end, one can reverse the position and enter a long position, with a stop-loss set at around 3025. Once there is another rebound to around 50-52, a short position can still be taken. The key focus is on the closing price tonight.
XAUUSD Trading Strategy:
sell@3055-3060
tp:3040-3030
sell@3031-3033
tp:3045-3055
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Gold shocks and seesaws long and short game! How to tradeAt the 4-hour level, a small double bottom support is formed near 3000. Today, the market has continued to rise, and the K-line has re-stood above the short-term moving average. The short-term trend is strong. The middle track resistance has been broken. If it is stabilized again, the upper side will further see the pressure of the upper track. The lower 3013 will become the short-term long and short watershed. Whether the market will step back to confirm the continued rise or return to the bottom to continue to fluctuate, focus on the next closing situation. In short-term operations, high-altitude and low-multiple layout.
For today's short-term operation strategy for gold, it is recommended to do more on pullbacks and short on rebounds. The short-term focus on the upper side is the 3036-3038 line of resistance, and the short-term focus on the lower side is the 3010-3015 line of support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3036-3038, stop loss at 3055, target around 3025-3020, and look at 3015 if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3013-3015, stop loss at 8 points, target around 3025-3030, and look at 3038 if it breaks;
Is it still possible to short gold as it is rising strongly?Gold continued to fluctuate in a large range in the 1-hour period. Before there is a trend breakthrough, gold continued to fluctuate. Gold was under pressure at high levels and was mainly short at high levels. After all, the overall strength of the bullish rebound was still weak. The high point of the gold bullish rebound has begun to decline, and the low point of the oscillation has also begun to decline. In this case, it is still a bearish oscillation. During the day, we will first arrange short orders around this position and wait to see the strength of the European session. If the European session continues to break upward, the bulls are likely to pull up again. On the contrary, the current high is likely to occur. In this case, gold will be shorted near 3036-38 during the day, with the target at around 3015-10.
For today's short-term operation strategy for gold, it is recommended to short on rebound and long on pullback. The short-term focus on the upper side is the 3036-3038 line of resistance, and the short-term focus on the lower side is the 3010-3012 line of support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3036-3038, stop loss at 3055, target around 3020-3015, and look at the 3010 line if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3010-3012, stop loss at 8 points, target around 3020-3025, and look at the 3030 line if it breaks;
Gold Breaks Resistances_ Is a New All-Time High(ATH) on the Way?Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($3,032-$3,021) and has managed to break the Resistance lines .
In terms of Elliott Wave theory , it seems that Gold has completed the main wave 4 . The structure of the main wave 4 is Double Three Correction(WXY) . One of the signs of the completion of the main wave 4 can be the breakdown of the resistance lines and the Resistance zone($3,032-$3,021) .
I expect Gold to trend upwards in the coming hours and can even create a New All-Time High(ATH) .
Do you think Gold can create a new All-Time High(ATH)?
Note: If Gold goes below $3,013, we should expect more dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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Gold shocks converge, trading strategy fully analyzedTechnical analysis of gold: Gold has slightly risen and fallen during the day, and the overall trend remains in a volatile trend. Gold is currently maintaining a narrow range of fluctuations on the daily trend, but the short-term moving average has gradually diverged downward, and there are signs of weakening in the short term on the daily line. The 4-hour level trend is temporarily maintained in a volatile state, and the price is temporarily compressed between 3010-3030. The short-term moving average continues to maintain a state close to adhesion and flattening, tending to maintain a volatile trend in the short term. It is necessary to pay attention to the continued downward trend after a small break in the 4-hour level trend. In the small-level cycle trend, after touching the previous support band, there are signs of stabilization again. Pay attention to the short-term adjustment.
Gold is about to explode in a big market. The obvious box-shaped oscillation triangle is converging, that is, it has become narrower, and the oscillation has lasted too long. If it can break through 3038 with consecutive positive lines, then today will basically continue a wave of pull-ups, so there is a high probability that the 4-hour middle track or the daily 5-day moving average will break. On the contrary, if the psychological barrier of 3000 is lost, the market may fall back to the support zone of 2971-2997 for correction. On the whole, today's short-term operation of gold suggests that callbacks should be the main focus, and rebound shorts should be supplemented. The top short-term focus is on the first-line resistance of 3030-3036, and the bottom short-term focus is on the first-line support of 3010-3012. Friends, you must keep up with the rhythm. Gold operation strategy: short gold rebound near 3028-3035, and go long on the pullback of 3015-3010.
Gold shows a triangle convergence patternAfter gold broke through 3038, the trend began to strengthen. Then the next step is to change the thinking to low and long and smoothly bullish. The lower side 3038-3035 becomes support. In the evening, it falls back to the 38-35 area. The current market is stagflation near the previous high of 3057. If you are aggressive, you can go short near 3052 and watch for a short-term pullback of a few points. Wait for the top and bottom conversion near 3035 to continue to go long.
Gold strategy: It is recommended to go short at 3051/52, stop loss at 3057, target at 3038-35; the support area below 3035-38 is long, stop loss at 3030, target at 3055-3062;
Gold (XAU/USD) Double Top Pattern – High Probability Trade Setup📌 Overview of the Chart:
This 4-hour timeframe chart of Gold Spot (XAU/USD) highlights a Double Top pattern, one of the most reliable bearish reversal signals in technical analysis. The price has tested a strong resistance zone twice (Top 1 & Top 2) but failed to break above, suggesting that bullish momentum is weakening and a possible trend reversal is imminent.
This setup provides an excellent opportunity for a short (sell) trade, provided the price confirms the pattern by breaking below the neckline. The potential downside targets are marked as TP1 ($2,983) and TP2 ($2,938), with a stop loss placed above resistance ($3,056) to manage risk effectively.
📌 Key Chart Patterns & Market Dynamics
1️⃣ Double Top Pattern – The Bearish Reversal Signal
The Double Top pattern occurs when:
✅ The price reaches a resistance zone and gets rejected (Top 1).
✅ It then retraces downward to find support at the neckline.
✅ The price makes another attempt to push higher but fails at the same resistance level (Top 2).
✅ A break below the neckline confirms the bearish trend, as buyers lose strength and sellers take control.
🛑 Why is this pattern important?
The failure of buyers to push beyond resistance shows that sellers are dominating. This creates a psychological shift in the market, making traders and institutions more likely to sell aggressively once the neckline is broken.
2️⃣ Resistance Level – The Rejection Zone
🔵 Price Level: $3,050 – $3,056
🔵 Role: Key supply area where sellers are strong
🔵 Market Impact: Strong rejections at this level indicate that big players (institutions) are offloading positions, leading to bearish momentum.
Why Does This Matter?
📌 If the price breaks above this level, it would invalidate the bearish setup, leading to potential further upside.
📌 This is also why we place our Stop Loss above this level—to protect against unexpected bullish breakouts.
3️⃣ Neckline Support – The Breakout Zone
🔻 Price Level: Around $3,020
🔻 Role: The last line of defense for buyers before a bearish breakout
🔻 Market Impact: If this level is breached, it confirms the Double Top pattern, leading to a sharp decline.
📌 A confirmed break of the neckline is the ideal point for traders to enter a short (sell) position, targeting lower price levels.
4️⃣ Key Take Profit (TP) Targets – Where Price Might Drop
🎯 TP1 – $2,983:
This level is a minor support zone where price may temporarily pause before further decline.
Conservative traders may choose to secure profits here.
🎯 TP2 – $2,938:
A stronger historical support zone, making it a high-probability target for a full bearish move.
More aggressive traders may hold positions until this level.
📌 Why These Levels?
These targets align with Fibonacci retracement zones and previous market structure, increasing the likelihood of a reaction at these points.
5️⃣ Stop Loss – Managing Risk Like a Pro
Placement: Above the resistance zone at $3,056
Reason: If price breaks above resistance, it invalidates the bearish thesis, meaning we need to exit the trade.
Risk-Reward Ratio:
TP1: ~2:1
TP2: ~3.5:1
A good risk-reward setup, ensuring a profitable edge over multiple trades.
📌 Trading Strategy & Execution Plan
📉 Bearish (Sell) Setup:
1️⃣ Wait for confirmation – Price must break below the neckline ($3,020) before entering a short trade.
2️⃣ Sell Entry: On a confirmed break and retest of the neckline.
3️⃣ Stop Loss: Above the resistance zone ($3,056).
4️⃣ Take Profit Targets:
TP1 ($2,983) – First profit level.
TP2 ($2,938) – Secondary target for deeper decline.
📌 Optional Confirmation:
Look for bearish candlestick formations (e.g., Bearish Engulfing, Shooting Star, or Doji) near resistance or after a neckline breakout.
Monitor RSI/MACD for bearish divergence, confirming weakening momentum.
📌 Market Psychology Behind This Pattern
1️⃣ First Peak (Top 1): Buyers push the price up, but sellers step in at resistance and force a pullback.
2️⃣ Pullback to Neckline: Some buyers re-enter, believing the uptrend will continue.
3️⃣ Second Peak (Top 2): Price attempts another rally but fails at the same resistance, showing buyers' exhaustion.
4️⃣ Break of the Neckline: Sellers take full control, leading to a high-momentum sell-off.
📌 Key Takeaway:
💡 The Double Top is a trader’s favorite because it reflects a real psychological shift in market sentiment—from greed (buyers) to fear (sellers).
📌 Final Verdict – High Probability Trade Setup
✅ Double Top formation confirms a bearish trend reversal.
✅ Strong resistance & multiple rejections signal seller dominance.
✅ Clear risk management strategy (Stop Loss & TP Levels).
✅ Waiting for neckline break ensures a high-probability entry.
🚀 Watch this setup carefully! If the neckline breaks, GOLD could experience a sharp decline! 📉🔥
🔍 Pro Tips for Smart Traders
💡 Don’t rush into a trade! Wait for a solid break and retest of the neckline for confirmation.
💡 Monitor volume: A strong breakout should be accompanied by increasing volume for validation.
💡 Use confluence: Combine with other indicators (RSI, MACD, EMA) to increase accuracy.
🔥 What’s Your Take on This Setup? Will You Trade It? Let Me Know in the Comments! 🚀