VasilyTrader

GOLD (XAUUSD): Your Trading Plan For Next Week 🥇

Short
VasilyTrader Updated   
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar

Gold is currently testing a solid 4h structure resistance.

Analyzing the reaction of the price to that, I spotted a cute double top on that
on an hourly time frame.

To sell the market with a confirmation, wait for a breakout of a neckline of the pattern.
Hourly candle close below 1924 will confirm the violation,
a bearish continuation will be expected to 1916 support then.

Alternatively, a bullish breakout of a current resistance will invalide the setup.

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Trade closed: target reached

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