Gold Full Top Down Technical Analysis and Update

Traders, We have been bearish on gold for quite a while now because the higher time frame is still showing bearish signs. At the start of the September 20201, I mentioned that gold could fall more to fill the wick of the August 2021 candle. That's exactly what happened and XAUUSD gave us very good short opportunities.

Gold showed a little strength on the first day of October 2021 but is that enough? Most traders will be joyous and will try to see what they want to. In this full top down analysis, we will see all important levels, structure, possibilities and a trading plan for the next week.

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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