TradingView
JoeChampion
Jun 5, 2023 2:14 PM

Gold Potential Downsides Short

GoldOANDA

Description

Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 1977 zone, Gold was trading in an uptrend and successfully managed to break it out. Currently Gold is in a correction phase in which it is approaching the retrace area at 1977 resistance zone.
Trade safe, Joe.
Comments
Mihai_Iacob
Reversed strongly from support.
Let s see if it goes to resistance
JoeChampion
@Mihai_Iacob thank you for your feedback
TradingShot
Great entry point, thanks for the suggestion, we will surely look more into it.
JoeChampion
@TradingShot, Thanks!
InvestingScope
Fine work. When would be the best time to enter the market?
JoeChampion
@InvestingScope, Thanks mate!
Solldy
Great publication! I think this movement will be accompanied by some important news. So, for now, I'm waiting and keeping an eye on the current news.
JoeChampion
@Solldy, Thank you!
TradingBrokersView
Great analysis as always, thanks you.
JoeChampion
More