VasilyTrader

GOLD (XAUUSD) Breakout & Important Shift! Plan for Next Week:

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VasilyTrader Diupdate   
OANDA:XAUUSD   Emas / Dollar A.S.

BREAKOUT!
Yesterday after a nice accumulation,
bears successfully broke below daily horizontal support.

It is a very important bearish signal and it makes us bearish bias.

For intraday trading, consider a falling parallel channel.
Broken horizontal level and its trend line form a local resistance area from where I would look for shorting opportunities.

Next goal for sellers is 1690 level - next daily support.

For now, prioritize only selling.

Good luck!
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