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DrSwing_Forex

XAU/USD(1Hour): I stumbled upon a pot of gold!!!🏆

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DrSwing_Forex  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Trend Lines Support and Resistance
5
1
trendanalysis trendline supportandresistance
Risk/Reward Ratio: 10.94 âś…

Chart Breakdown

  • Daily Timeframe
    Uptrend in place.
    Despite the uptrend we also have a break and re-test of the uptrend trendline formed on this timeframe, making this timeframe bearish.

  • 4Hour Timeframe
    We still in an uptrend on this timeframe.

  • 1Hour Timeframe
    We have a strong downtrend on this timeframe.
    I'm anticipating a 4th touch sell setup on the downtrend trendline.


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DR.Swing_Forex


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