Gold has been declining for the past 4 weeks.
It is now below $ 1800, forming a double bottom at quotes 1758 and 1675 in the weekly chart.
Meanwhile, in the H4 chart, a profitable area for sellers can be seen - 1794, and its false breakout could provoke a rebound.
That could happen this Wednesday, during the Federal Reserve's press conference.
This trading idea is based on the Price Action and Stop Hunting strategies.
Good luck and have a nice day
