Gold Trading Journal — Real Trades & Market Insights/#double-top

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2 articles and trading notes about #double-top, newest first. Each one is written from a real gold trade or a real market day, so start with the most recent and work back.

ArticleNov 11

Gold Technical Analysis: Below 4,000, Next Support 3,960

4,000 has flipped from support to resistance, and the 4,026.038 neckline has been closed through, which turns the double top from possible into valid and brings the measured target at 3,903.48 into range. Below the market sit three steps: 3,960 as the divide named by both Myfxbook and StockWire, 3,919 as the 4 November low, and 3,903.48 where the pattern projects. This piece lays out three scenarios with explicit kill switches, plus reference entries, stops and targets on both sides with the risk-reward math shown. It also flags the session's key variable, weekly jobless claims at 21:30 with a prior print of 189,000, and explains why chasing shorts at 3,984 is the worst trade on the board while a rebound into 4,050 is where the asymmetry sits.

#gold#xauusd#support-resistance

ArticleNov 11

Gold Technical Analysis: Double Top, 4,013 to 3,858 Scenario

The highs at 4,148.60 and 4,146.696 fix the neckline at 4,026.038 and a measured target of 3,903, which overlaps the 3,900 Bollinger lower band and the lower edge of the institutional range. Two scenarios, each with explicit invalidation.

#xauusd#technical-analysis#key-levels

#double-top

Gold Technical Analysis: Below 4,000, Next Support 3,960

Gold Technical Analysis: Double Top, 4,013 to 3,858 Scenario

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