OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is my gold setup for the week. There is a Break of structure followed by a change of character and another break of structure on the 30 mins chart. I am going short on gold with a sell limit at 1982.45. Tight stop loss at 1986.88. TP1 1971.53. TP2 1959.76. TP3 1948. TP4 1930.96. It also forms a Head and Shoulder Chart Pattern.

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.