XAUUSD Watch breakdown or top for sell
Hi there,
We are having very nice price action at the top for longer term reversal on Gold back to the average Gold pride.
Watch price action for breakdown and look for sell on breakdown and if price dont breakdown then watch recent top for sell.
If Gold keeps pushing higher and test the previous high then it will change the pattern but we will remain bearish on Gold from previous high and will watch price action for sell.
Good Luck
We are having very nice price action at the top for longer term reversal on Gold back to the average Gold pride.
Watch price action for breakdown and look for sell on breakdown and if price dont breakdown then watch recent top for sell.
If Gold keeps pushing higher and test the previous high then it will change the pattern but we will remain bearish on Gold from previous high and will watch price action for sell.
Good Luck
Note
This is weekly chart and the WAVE we are looking for. Note
Updates.... Note
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This is the Recent updated chart. Note
As said in the original post if dont breakdown and keeps pushing higher then watch this pattern formation for sell at top. Note
Gold broken down now waiting for the Trade Deal positive Outcome. Note
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
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.