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Gold Spot / U.S. Dollar
Short
Updated

GOLD breaks key support level

1 654
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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breakoutChart PatternsCommoditiesGoldgoldtradingMetalssignalsTrend AnalysisUSD (US Dollar)Wave AnalysisXAUUSD

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breakoutChart PatternsCommoditiesGoldgoldtradingMetalssignalsTrend AnalysisUSD (US Dollar)Wave AnalysisXAUUSD
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

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.