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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.
❤️Please, support this video with like and comment!❤️
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.
❤️Please, support this video with like and comment!❤️
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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.