GOLD (XAUUSD): Bearish Outlook Explained ๐ฅ
https://www.tradingview.com/x/ht1bfgk2/
Gold perfectly respected a key horizontal resistance
and a falling trend line on a daily, forming a double top pattern.
The neckline of the pattern was broken this week and it is a very important
sign of strength of the sellers.
I think that the market may drop lower.
For entries, consider the underlined confluence zone based on
a trend line and the underlined resistance.
โค๏ธPlease, support this video with like and comment!โค๏ธ
Gold perfectly respected a key horizontal resistance
and a falling trend line on a daily, forming a double top pattern.
The neckline of the pattern was broken this week and it is a very important
sign of strength of the sellers.
I think that the market may drop lower.
For entries, consider the underlined confluence zone based on
a trend line and the underlined resistance.
โค๏ธPlease, support this video with like and comment!โค๏ธ
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