FXKillA

XAUUSD (Big Drop Coming Next Week)!

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Here we can still see clearly the (H&S) Reversal Pattern forming on Gold & we can see the clear Double Top forming at end of today's Friday (1st OCT 2021) trading week which indicates the Drop is going to happen soon as Gold couldn't break level 1765 & go UpTrend move by this week. That's a strong confirmation for me for strong Sell pressure on Gold before next Friday (8th OCT 2021) NFP day which is going to push Gold to go Bullish again or even might even happen before that date. Either way keep a close eye on Gold world's number 1 precious yellow metal, happy pip hunting traders.

P.S I used H1 chart for the purpose of a clearer view of my analysis.

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