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TraderNeoh
Aug 12, 2022 3:53 AM

XAUUSD (Gold) - Potential Short-Term Sell? 

GoldOANDA

Description

Hi Traders. Gold is current showing some weakness on the higher timeframe, especially on the daily chart, Wednesday's (10th August) candle close was a Pin-Bar rejection.

Some resistance above are 1794, 1798, 1802, these are all possible rejections point.

I will be monitoring these levels closely and see if price shows further weakness around these levels.


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Take care and trade safe.

All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
Comments
saeedtrade1
good job
AkhtarBhatti
Nice analysis
TraderNeoh
@AkhtarBhatti, Thanks Akhtar.
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