XTrendSpeed

XAUUSD double top pattern

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD formed a double top pattern in the short term, and the short pattern dominated. At present, you can pay attention to the resistance in the 1960-1971 area. If the rebound encounters resistance, you can consider continuing to short. At the bottom, focus on the support near 1932. After falling below, the lower support will be around 1908.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.