https://tradingview.sweetlogin.com/x/nbb1pjw0/
Gold is currently testing a solid 4h structure resistance.
Analyzing the reaction of the price to that, I spotted a cute double top on that
on an hourly time frame.
To sell the market with a confirmation, wait for a breakout of a neckline of the pattern.
Hourly candle close below 1924 will confirm the violation,
a bearish continuation will be expected to 1916 support then.
Alternatively, a bullish breakout of a current resistance will invalide the setup.
❤️Please, support my work with like, thank you!❤️
Gold is currently testing a solid 4h structure resistance.
Analyzing the reaction of the price to that, I spotted a cute double top on that
on an hourly time frame.
To sell the market with a confirmation, wait for a breakout of a neckline of the pattern.
Hourly candle close below 1924 will confirm the violation,
a bearish continuation will be expected to 1916 support then.
Alternatively, a bullish breakout of a current resistance will invalide the setup.
❤️Please, support my work with like, thank you!❤️
Trade closed: target reached
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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.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.