XAUUSD short - Double TOP - Supply Demand - h4 - CORONA VIRUS

Hello Traders!
Finally a new Trade Possibility on GOLD. We can see Gold formed a Double Top Formation.
Gold is a very aggressive pair but I marked some h4 Demand Zones. This are possible correction areas for GOLD during the drop. But I do not recommend to trade the correction. It would be a better idea to short it. I marked this zones for you to not get an entry exact at this price. Only if we get a break at this zone and we are retesting it. This would a great opportunity to add positions.
What can we expect:
Big drop on Gold from here. On the long run I see it going up a lot due to the impact of the Corona Virus on the economy. Investors are investing a lot of money in GOLD during such bad economic circumstances.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
Finally a new Trade Possibility on GOLD. We can see Gold formed a Double Top Formation.
Gold is a very aggressive pair but I marked some h4 Demand Zones. This are possible correction areas for GOLD during the drop. But I do not recommend to trade the correction. It would be a better idea to short it. I marked this zones for you to not get an entry exact at this price. Only if we get a break at this zone and we are retesting it. This would a great opportunity to add positions.
What can we expect:
Big drop on Gold from here. On the long run I see it going up a lot due to the impact of the Corona Virus on the economy. Investors are investing a lot of money in GOLD during such bad economic circumstances.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
