2618 on Gold! Ready to short!

FX:XAUUSD   Gold Spot / U.S. Dollar
Hey guys,
i've been watching closely to gold lately and i've found out that it basically respect structure like any other pair i'm trading. So i've decided to apply some analysis to this instrument in order to give you my particular view about it.
The black line represents a daily structure level that i pointed out last week, after the first test price action fell forming a double top that has been recently broken to the downside.
This means my bias is now short, and this may be the startinig point of a new downtrend.
In order to hop on the trend with a nice risk to reward ratio, i've outlined two "Killzones" where i'm going to pay attention to candlestick formations.
The first one is the double top's neckline and the support that's been broken ultimately, thus it's considered to be the first possible turning point.
The second one is the 2618's completion that you could take as a trade alone.
My conservative style of trading tells me to wait till i see a weakness signal on price action.
Good luck!

If you want to share your standpoint or ask questions, feel free to write below.
Otherwise, see you in the next chart!
Comment: Price is approaching the first killzone! Eyes open
Comment: Pay attention to this zone:
Trade active:
Trade closed: stop reached: Stopped out, still waiting for another selling signal
Comment: Short again if the current candle will be engulfing:
Trade active:
Trade closed: stop reached
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano:
Ultimo video:

If you agree, like this chart! Thanks
My last (english) videoanalysis here:
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out