#XAUUSD #Gold Weekly Top Down Analysis

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

fibonacci mtfa harmonicpatterns gold xauusd fibonacciretracement fibonacciextension fibonaccicluster fibonacciconfluence fibonaccianalysis vikinsa

Traders, Gold found strength last week to move higher but be careful. As I posted on May 8th, this can be a fake breakout. All signs on gold are still bearish. In this top down analysis I present all those factors.
1. Monthly W patterns
2. Weekly W pattern
3. Daily Double/Triple top
4. Daily RSI divergence
5. 4H W pattern.

If you found this useful hit the like button, subscribe to my channel and share this with other traders. Comment on the videos to let me know what you think of them.
Have a great trading week!

P.S. (This is for education only. Not a financial advice or signal.)

Comment:

Updated:

#GOLD #XAUUSD Update:High Probability Zone To Watch For Reversal

🔵 Free Telegram Channel: t.me/VikinsaFx

🔴 Training: bit.ly/vikinsacorestrategyprogram

🟣 YouTube : www.youtube.com/vikinsa

🟡 Twitter: twitter.com/vikinsa

🔴 Reviews: bit.ly/VikinsaTrustPilotViews

Related Ideas

about XAUUSD

about GOLD 2

about GOLD 3

about BTCUSD

about AUDUSD

about GBPUSD 1

about EURUSD

about DXY

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.