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Allen_Ex

XAUUSD:A double top pattern may form

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Oro / Dollaro (FOREXCOM:XAUUSD)  
Allen_Ex Aggiornato   
FOREXCOM:XAUUSD   Oro / Dollaro
Trend Analysis Chart Patterns Double Top or Bottom XAUUSD xauusdshort xauusdlong xauusdanalysis xauusdsignal xauusdsell xauusdupdates xauusdbuy xauusdidea
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trendanalysis chartpattern doubletoporbottom xauusd xauusdshort xauusdlong xauusdanalysis xauusdsignal xauusdsell xauusdupdates xauusdbuy xauusdidea
snapshot

The bulls are very strong today. After breaking through 2183, they quickly rose to around 2200 and fell back after hitting strong resistance. The current support is 2181-2186, and the resistance continues to focus on 2196-2202. The US market is trading in this range, and we should be wary of the possible double top pattern.

Once the pattern is formed, it will fall back to around 2164 again tomorrow
Trade attivo:
The market is very volatile. You must pay attention to controlling risks when trading. At present, wait for a rebound and then go short.
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Idee correlate

Allen_Ex
XAUUSD:2178-2174 support, go long
Allen_Ex
XAUUSD:Trade Shorts During Tomorrow's Asian Session
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