Gold (XAUUSD)
Singkat

GOLD in Double Top Pattern

111
Hello traders!

Today, I have an idea for Gold, which has formed a pretty clear double top pattern.

Here's some info on how to trade this pattern:

1) We can open a position after crossing the support line, but be careful; a retest is also possible. If we get a retest, I will open the position from the highest low.

2) Place the stop loss around $2330, according to the continuation of the movement. The TP area is in the green box.

3) Use leverage of 5-10x. Risk not more than 5% of your deposit.

IMPORTANT! Always follow your RM strategy!

What are your thoughts on this double top, guys?

Penafian

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