GOLD (XAUUSD): Massive Breakout ๐ฅ
https://www.tradingview.com/x/tHb7qVPJ/
Yesterday's US news turned out to be very bearish for Gold.
The market formed a high momentum bearish candle and violated
2 horizontal support and a major rising trend line, and successfully
closed below them all.
The broken structures compose an expanding supply zone now.
We may see a retest of broken structures with a consequent
bearish continuation.
Next support - 1979
โค๏ธPlease, support my work with like, thank you!โค๏ธ
Yesterday's US news turned out to be very bearish for Gold.
The market formed a high momentum bearish candle and violated
2 horizontal support and a major rising trend line, and successfully
closed below them all.
The broken structures compose an expanding supply zone now.
We may see a retest of broken structures with a consequent
bearish continuation.
Next support - 1979
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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