GOLD (XAUUSD): Your Trading Plan Explained🥇

2 בדצמ׳ 2022

On a today's live stream with my students, we discussed Gold.
The market is currently approaching a key daily resistance.

Analyzing a 4H time frame, I spotted a completed double top pattern.
1795 - 1797 is its neckline.
Wait for its bearish breakout (4h candle close below), sell aggressively or on a retest then.

Target will be 1786.

Alternatively, if the price sets a new higher high on 4H, the setup will be invalid.

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