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GOLD breaks key support level

Corto
Oro al contado/Dólar estadounidense (FX:XAUUSD)  
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FX:XAUUSD   Oro al contado/Dólar estadounidense
Trend Analysis Chart Patterns Wave Analysis breakout Metals Commodities signals Gold goldtrading XAUUSD USD (US Dollar)
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trendanalysis chartpattern waveanalysis breakout metals commodities signals gold goldtrading xauusd usd-us-dollar
snapshot

Trading plan:

  • Breakout is not confirmed/let the daily candle close below structure
  • After a confirmation you can:
    sell aggressively without a retest
    wait and sell the retest of broken support
  • Next levels of support are 1260 and 1240
Comentarios:
Breakout is confirmed
Comentarios:
after closing below structure the market is retesting a broken level
Comentarios:
Retest and going down
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