jojofang0901

GOLD Sell Opportunities to the lows of structure

Short
jojofang0901 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi traders:

I am also closely monitoring XAUUSD for sell setups down to the recent lows.

We see the overall price is in this channel structure, forming a large correction.

The latest price action is correcting itself up toward the double tops, good signs of a bear momentum could come in.

I will be looking for sell entries either from the top of the structure, or a breakout and continuation correction to at least the recent lows

Thank you





Comment:
Price hit the top of structure, and a strong bearish move down. Look for continuation for short .


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