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Trade of The Week | Price Action Trading on Gold (XAUUSD) πŸ”₯πŸ”₯πŸ”₯



Hey traders,


As you remember, last week we spotted a bearish breakout of a bearish flag pattern on 12 hours time frame.

This week we were looking for a retest of its broken support to short the market.



When the price approached a broken support, I started to look for confirmation on lower time frames.

My confirmation was a double top formation on 1H time frame.

I shorted the market after a neckline breakout on a retest.


My first goal was 1762 key daily support.


Great winner!!!


Did you catch this move?


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