Gold is nicely rallying from a key daily structure support.
The price is steadily growing within a bullish flag pattern.
On Friday an intraday 4H supply cluster was reached.
Taking into consideration, that the market remains quite weak,
I will wait for a bearish breakout of a flag as a signal to short.
Goals will be
1768
1755
In case of a bullish breakout of a yellow cluster, setup will be invalid.
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Note
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✅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.