OANDA:XAUUSD   Gold Spot / U.S. Dollar
Perfect sell swing setup for gold, bearish pressure showing clear as day.
Currently rejecting at a fib level and creating lower highs on the monthly and smaller timeframes.

Trendline was rejected perfectly for those trading trendlines.. I just used the trendline to make it simpler for people to see the reason for my sell setup.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.