TradeChartPatternsLikeThePros

👑GOLD🗝️LEVELS TO WATCH.👀AND WHY. 🤔

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

Hello traders, and welcome! Today, let's take a look at gold, presenting a great trading opportunity. As usual, I have identified a pattern, this time a price action reversal pattern called a "V top."
The price has broken below the breakout point at 2033.85, accompanied by a surge in volume, indicating increased market participation. Setting the stops above the high preceding the breakout seems like a strategic move.

Targets are established from the breakout to the V top, extending to the 38% and 62% levels as the initial targets.
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