Get started
Forex48_TradingAcademy

XAUUSD Bearish Setup H1

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Forex48_TradingAcademy  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis LONG short XAUUSD signals Forex setup academy forex48 priceaction
1
0
trendanalysis indicator fundamental long short xauusd signals forex setup academy forex48 priceaction
On this pair, we have a price that is consolidating between 2000 and 2020. My analysis suggests a short entry at the level of 2015.50, where we have a supply zone with a Point of Interest (POI) confirmed by 3 spikes and a descending trendline in which the price could make the third touch before descending towards the target of a 1:2 risk-reward ratio at 2000.

Let me know what you think.

Happy trading to everyone.

Forex48 Trading Academy
🏆 Exclusive access to Signals, Strategies, and 1-1 Mentorship: www.forex-48.com/trading

📊 FREE Watchlist: www.forex-48.com/free-watchlist

📚 FREE Course: www.forex-48.com/free-education

🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
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.