#XAUUSD #Gold Weekly Top Down Analysis

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Or / Dollar Américain (OANDA:XAUUSD)

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OANDA:XAUUSD Or / Dollar Américain

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Traders, Gold found strength last week to move higher but be careful. As I posted on May 8th, this can be a fake breakout. All signs on gold are still bearish. In this top down analysis I present all those factors.
1. Monthly W patterns
2. Weekly W pattern
3. Daily Double/Triple top
4. Daily RSI divergence
5. 4H W pattern.

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Have a great trading week!

P.S. (This is for education only. Not a financial advice or signal.)

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Updated:

#GOLD #XAUUSD Update:High Probability Zone To Watch For Reversal

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