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GOLD (XAUUSD): Be Prepared to SellđŸ„‡

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Guld / USA-dollar (FOREXCOM:XAUUSD)  
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FOREXCOM:XAUUSD   Guld / USA-dollar
Support and Resistance Supply and Demand Pivot Points Gold XAUUSD goldtrading goldusd goldidea goldanalysis
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supportandresistance supplyanddemand pivotpoints gold xauusd goldtrading goldusd goldidea goldanalysis
snapshot

Gold is trading within a solid supply area as well.
To catch a bearish trend continuation, watch a double top formation on 1H time frame.
1804 - 1807 is its neckline.
Wait for its bearish breakout, then sell aggressively or on a retest.
Target will be 1790.

If the price breaks a blue zone to the upside, the setup will be invalid.

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