Gold Double Top

SwingTrdr

Active Trader
Aug 3, 2009
9
0
32
gold-double-top1.jpg


A nice double top at the GOLD, at 30-minutes chart.
GOLD has stopped twice on the same Resistance level of 996. Neckline is at 986, therefore the size of the double top is 10$.

Trading: Wait for breakout or pullback to enter short. Target is 10$ (976)

Full analysis:
Gold Resistance Trade (Double Top) | Support and Resistance Trading