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GOLD (XAUUSD): Important Breakout & Continuation

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
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FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD Metals Commodities futures trading Technical Analysis
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trendanalysis chartpattern waveanalysis gold xauusd metals commodities futures trading technicalanalysis
snapshot

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.
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Comments

TRADESBYZION
Im shorting too
Reply
VasilyTrader TRADESBYZION
@TRADESBYZION, thank you for comment my friend!
Reply
Smartrade-fx
Yeah I certainly agree with that. Let’s see how it plays out next week
Reply
VasilyTrader Smartrade-fx
@Smartrade-fx, thank you for support brother!!!
Reply
VasilyTrader
Do you see the same picture as I do?
Reply