XAUUSD - ITS A BEAR TRAP! - HODL BULLS :-)

Let’s view it from a bigger perspective. As we are in a time of high volatility. Where economies are stumbling. Without doubts we can say that Gold is surely in a bull trend and the only safe haven in the eyes of investors.

Let’s not get BEAR TRAP. We can’t declare a double top formation until the 2nd TOP meets the neckline. Then we have a breakout. If thats not confirm then IT'S A TRAP.

There has been a continuous uptrend of the gold prices on the 4hr chart dating all the way back from March 23. And that trend haven’t been broken since then. HODL BULLS 2009 - 2011. We are setting a new ATH very soon. 1921 AND BEYOND WE GO.