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TomBray1

XAU/USD: Technical Breakdown

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
TomBray1  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis Fundamental Analysis Commodities daytrading marketstructure Gold xauusdbuy supportandresistancezones supply_and_demand breakandretest goldlong
3
0
chartpattern trendanalysis fundamental commodities daytrading marketstructure gold xauusdbuy supportandresistancezones supply_and_demand breakandretest goldlong
XAU/USD Breakdown

This paid has now broken its bearish market structure on the H4 & H1 timeframe

We can also see price has broken above a key area of support and is slowly coming back down to retest before another potential push to the upside

You can see on my chart where I will be looking to enter and exit this trade
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