Search
  • Vasily Trader

GOLD (XAUUSD): Very Bearish Pattern (Trading Plan)



Gold is contracting within a descending triangle formation.


with the sequence of lower highs and equal lows, bullish swings become weaker and weaker.


it looks like soon we will see a breakout attempt of the current major daily horizontal support.

in case of a daily violation of that, the price will go to lower structure levels.


next support will be 1800


be prepared and wait for breakout!

0 views
  • TradingView
  • Telegram
  • Instagram
  • YouTube
  • FaceBook
  • Twitter

©2020 by VasilyTrader