I apologize for my absence and there was a gap between my posts...My people are enduring difficult conditions after the killing of #MahsaAmini, and I am one of these people...
gold formed a double top pattern at weekly time frame and in this week break out neckline and engulfed flag at this level so at least will reach to $1350 zone that shown in chart...
in upper time frame this pattern (double top) formed on liquidity pool and confirmed it was just a hunt... look at chart accurate:
so there is two scenarios for downward movement, i wanna stick to scenario 2 ... what is your opinion?
always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
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here we are in the area for getting a short position, just be aware of this area and be ready for a short position confirmation.