GOLD Sell Opportunities to the lows of structure

24 juin 2020

Hi traders:

I am also closely monitoring XAUUSD for sell setups down to the recent lows.

We see the overall price is in this channel structure, forming a large correction.

The latest price action is correcting itself up toward the double tops, good signs of a bear momentum could come in.

I will be looking for sell entries either from the top of the structure, or a breakout and continuation correction to at least the recent lows

Thank you

1 juil. 2020

Note

Price hit the top of structure, and a strong bearish move down. Look for continuation for short .