🔰 Pair Name : XAU/USD
🔰 Time Frame : 4hrs
🔰 Scale Type : MID Scale
🔰 Direction : SHORT/SELL
-Price went back to previous 4H resistance to retest after a fake break out
-Now price is at 4H resistance at 1965.2-19736 and may trying to pullback to 1940 support level, we are looking for sell once retest is done.
🔰 Time Frame : 4hrs
🔰 Scale Type : MID Scale
🔰 Direction : SHORT/SELL
-Price went back to previous 4H resistance to retest after a fake break out
-Now price is at 4H resistance at 1965.2-19736 and may trying to pullback to 1940 support level, we are looking for sell once retest is done.
Trade active
Comment:
Gold has reached fib level 38.2%, we are expecting the price to retest 23.6% level before during New York Session today, before continue heading down.
Trade closed: target reached