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GOLD Look for this sell setup to the previous lows
Gold Spot / U.S. Dollar
Short
GOLD Look for this sell setup to the previous lows
By jojofang0901
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Updated
Sep 22, 2020
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Sep 17, 2020
Hi traders:
Looking at GOLD for potential sell move down to the previous lows.
We have seen GOLD consolidate for a while since the strong bearish drop from early August.
Price has been in a side way consolidations, and we see many LTF corrections and impulses.
Latest price shows a recent double tops, and price impulsively break below the correction its in, could signal the beginning of the next bearish run.
I would wait for the LTF correction to form here and complete before adding a sell down to the lows.
Thank you
Sep 22, 2020
Comment
Look for more continuation structure to bring the price down lower/
Sep 23, 2020
Comment
Chart Patterns
Double Top or Bottom
FLAG
pattern
priceaction
structure
Wedge
jojofang0901
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