XAUUSD H16: SHORT IT // TP 1800/1820 USD(SL/TP)(NEW)

Why get subbed to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

XAUUSD H16: SHORT IT // TP 1800/1820 USD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.

🔸 Summary and potential trade setup
::: XAUUSD 16hour/candle chart review
::: price contained within bear channel
::: triangle breakdown in progress
::: TP bears is 1800/1820 USD
::: 5% downside remains
::: shorting makes sense now
::: BEARS will re-test the channel lows
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: TP BEARS is +5% gains / 1800/1820 USD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS