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MMBTtrader
Jan 3, 2022 7:46 AM

XAUUSD is retesting broken trendline and can fall hard ย Short

Gold/U.S. DollarFXCM

Description

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As we can see strong support for the price that was black trendline broke and now it is local resistance for price and after valid retest that is happening we can expect local dump at least like the red arrow on the chart.

Strong resistance and supports are also mentioned on the chart and the main resistance zone for the price is a red trendline that only if it breaks we can expect more pump here for the price.

DISCLAIMER: ((trade based on your own decision ))
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Comments
EliteTradingSignals
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Do you look at the bank's levels?
jojofang0901
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yea its working out now thx alot
MMBTtrader
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@jojofang0901, most welcome dear
chrisnfrens
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@jojofang0901, wow its hapenning we crashing
darrensee9779710
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symmetrical triangle on 1W TF, though on that?
ForexTrendline
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Nice one, keep it up!
Serana2324
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Good idea
Thanks for sharing !
VasilyTrader
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Great idea!
TheSignalyst
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keep them coming MMB. I agree for a correction here
Investroy
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Great overview
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