VasilyTrader

GOLD (XAUUSD): Intraday Technical Outlook 🥇

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FOREXCOM:XAUUSD   Ouro/Dólar Americano

After a confirmed breakout of an intraday horizontal demand cluster,
Gold started to recover steadily within an expanding wedge pattern.

We saw a strong rejection from the broken area.
Our next bearish signal will be a bearish breakout of the support of the wedge
with a 4H candle close below that.

It will push the market at least 2010 level.

If you haven't shorted yet, patiently wait for a breakout.

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