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GOLD (XAUUSD) Bearish Scenario for New Week Explained

hey guys,

gold just reached a strong falling trend line.
for now we see a positive bearish reaction from that and this touch may initiate a strong bearish swing move.

I will pay attention to a support line of a bullish flag pattern.
in case of a daily candle close below its support, bearish continuation will be highly probable.

goal for sellers will be 1860 (current daily low)

in case of a bullish continuation above the falling trend line, setup will be invalid.

VasilyTrader

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

VasilyTrader

✅My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel: youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

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