VasilyTrader

GOLD (XAUUSD) Great Opportunity To Short!

Corto
FX:XAUUSD   Oro al contado/Dólar estadounidense

hey guys,

I keep holding my short trade on gold but I know that many of you have missed the opportunity or were hesitant to enter.

here goes a very nice breakout based setup:
the market has broken below 1712 structure support and has surely traded below that for two days.

now the market is retesting a broken level forming a tiny h&s formation.

1703 is a neckline.
wait for 1H candle to close below that and short on pullback aiming at 1692 (recent low) and 1680.

good luck!

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