DLavrov

Short Trade for Gold

Short
DLavrov Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Daily chart - price is near up Bollinger Band. MACD is falling and we can try to find entry levels for short trades on hourly charts. 1H chart - we have range market conditions. ADX is below 20 and Moving Averages are intertwined. MACD and RSI confirm price reversal from Bollinger Bands and short trades. Entry 1364.00, stop is above resistance level 1375.15 and profit target is opposite Bollinger Band.
Trade closed: target reached

💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD

📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit

💎 Share My BEST Trades here 👉 bit.ly/wubits
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.