tupaitrader

XAUUSD in correction

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
for this analysis. i see the price are in correction.the reason why i want to go short for this chart is the price seems finding ist lower low.when look at last week candle.the bullish candle are is seem exhausted.if it are still bullish.there might be retracement or correction of the bull movement.therefore in the small time frame i look to short opportunity to grab.the target 1134.49 is the daily support area.
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.