Gold Spot / U.S. Dollar
Short
Updated

XAUUSD sell

190
Again, this is a “parental advisory” just ahead of the main event for this Wednesday. With the primary tailwind for the Goldrush set to be officially announced, the “buy the rumour, sell the fact” rule of thumb should be considered. The risk could be that once the reciprocal tariffs take effect on Wednesday, only easing due to profit-taking in Gold could occur once separate trade agreements and partial unwinds take place.
XAUUSD sell 3133
Support 3121
Support 3116
Support 3107
Resistance 3150
Trade active
XAUUSD sell 50 pips done
Trade closed: target reached
Gold now sell
Note
1 support hit 120 pips done
Note
Check my work
Note
Gold sell signal
Note
Gold sell 150 pips done
Check my work
Note
1 support hit 110 pips done
Note
2 support hit 240 pips done
Note
Gold sell 260 pips running
Note
Check my work

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.