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TxAkthar
Dec 17, 2021 11:07 AM

XAUUSD SHORT 4HR Short

FX:XAUUSD240
Gold/U.S. DollarFXCM

Description

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XAUUSD reaching strong support between 1810-1815.
Potential short, 4HR TF
RSI showing oversold and support zone has been respected numerous times
1HR candlestick shows exhaustion potentially
Stop loss 25 pips.
R:R 1:5 or 1:10

TP 1 - 125 pips
TP 2 - 250 pips

Disclaimer - educational purposes only
Trend AnalysisChart PatternsTechnical Indicators
Comments
jdouglas020
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you have forgotten to review the volume behind this move.
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