GOLD (XAUUSD): Have You Seen This BEAR MOVE?! What is Next 🥇
Aktualisiert
Hey traders,
I guess we all were surprised how the price dropped yesterday.
With NPF Gold lost almost 2,5%.
What's now?
Ahead, a key structure support and summer's low.
1750 - 1760 is a demand area.
I will look for an intraday confirmation within that zone to buy catching a pullback.
What is confirmation?
To me, confirmation is a reversal pattern (h&s/double bottom/triangle/wedge)
being formed within an underlined zone and its neckline breakout.
Closest support for target - 1787.
Alternatively, if you are looking for shorting opportunities,
consider a bearish breakout (daily candle close below) of an underlined yellow structure.
It will push the market to lower structure levels.
Have a great weekend!
❤️Please, support this idea with a like and comment!❤️
Anmerkung
Check my new idea on EURUSD: 
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.