XAU/USD Triple top formation.. Short

GOLD / U.S. DOLLARICE

Description

⋅ Aug 9, 2019 2:45 PM

Wait for the third retest within the highlighted resistance zone. If price action lines up within this region giving us confluence, go short.

Comments

Captain_Walker

⋅ Aug 9, 2019 11:42 PM

Seems like a flag or pennant formation to me. I'd be very surprised if it fell or that far south.