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VasilyTrader
28 de Nov de 2020 11:22

GOLD (XAUUSD): Important Breakout & Continuation  Viés de baixa

Gold/U.S. DollarFXCM

Descrição



Gold broke key level again.
And though I was quite confident in 1800 level, after two day's consolidation the price has easily broken that.

With yesterday's daily candle close I expect a bearish continuation next week.

The area around 1750 will be the next goal for sellers based on price action in May/June.

Comentários
ProTraderNataliaRUS
Truly more down
VasilyTrader
@ProTraderNataliaRUS, thank you for comment Natalia!!!
VasilyTrader
Are you also bearish on gold?
Goldish20
@VasilyPonomarev, Hello i am not a trader but a small investor in gold, if gold is bearish then i think it will come to 1460 area and then the trend reversal can see.
VasilyTrader
@Goldish20, thank you for comment buddy)))
PasCommeEux06
@VasilyPonomarev I am bearish since around 2000, I expect we will break below 1700. But you are a legend bro, much love, have a great day.
VasilyTrader
@PasCommeEux06, thanks a lot bro 😎
garrota
Don't you think that the whole structure of growth in gold is similar to the formation of a large "Cup with a handle" model with very high goals after the formation of the handle base?

VasilyTrader
@garrota, good idea!
parastoparniya
I think the next target is 1846/65. First bye then short.I follow you, you are great. Thank you for your analysis
Mais