Gold /xauusd - Break of the triangle for a big sell ?
Gold is still running in downtrend inside this daily triangle.
Selling pressure under 1850$ level might be high. We can open a sell position at the break or wait for the retest.
First goal is my H4 order Block around 1800$
Second goal is a Daily/Weekly Order block beside 1715$
On fundamental side, Hope for a vaccination might keep buyers out of gold.
Let me know your idea in the comment !
Selling pressure under 1850$ level might be high. We can open a sell position at the break or wait for the retest.
First goal is my H4 order Block around 1800$
Second goal is a Daily/Weekly Order block beside 1715$
On fundamental side, Hope for a vaccination might keep buyers out of gold.
Let me know your idea in the comment !