XAUUSD BEARISH STRUCTURE ON WEEKLY TIMEFRAME
According to my analysis on XAUSD, Price gave me a third touch on our Weekly Resistance Level. Going on a Daily from the third touch we see price formed a nice double top formation already broke the neckline currently retesting. As Traders we are all WAITING for the breakout of the Support Trendline.
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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.