hey traders,
after reaching 1440 level we see a clear weakening bullish momentum on gold.
with consequent lower highs and rsi divergence, I anticipate a formation of a descending triangle
with the sequence of new lower highs.
many times bears will push the market to 1380 structure support and most likely we will see a bearish breakout
with bullish trend violation.
if I see a bearish breakout I will follow a trading plan that I have recently posted.
just check the related ideas.
good luck
Note
Seems like we will see a bearish leg down to support 
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✅My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.