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Gold Spot / U.S. Dollar
Short
Updated

GOLD: Update and Trading Plan

1 940
snapshot

I have a very bearish bias on gold.
last week the 4h candle closed below 1416 structure support,
determining bearish sentiment for me.

now we see a steady correction in a rising parallel channel.
I am waiting for a bearish breakout of a channel to sell the market.
Note
Breakout attempt
Note
Still trading inside the flag
Note
Market is approaching resistance
Note
Still inside the flag
Trade closed: target reached
T1 reached
Trade closed: target reached
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Chart PatternsCommoditiesdollarfuturesGoldMetalsoptionsshortTechnical AnalysistradingTrend AnalysisWave Analysis

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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.
Chart PatternsCommoditiesdollarfuturesGoldMetalsoptionsshortTechnical AnalysistradingTrend AnalysisWave Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

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.