Get started
KamalFX

POTENTIAL BEARISH TRADE ON GOLD

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
KamalFX  
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold XAUUSD USD structure-trade strucutre fib Fibonacci Fibonacci Retracement short risk_reward riskreward Parallel Channel Support and Resistance retest
2
2
gold xauusd usd structure-trade strucutre fib fibonacci fibonacciretracement short risk_reward riskreward parallelchannel supportandresistance retest
XAUUSD 4 HOUR TIME FRAME

- Price at resistance in a descending channel
- Previous resistance
- Head and shoulders pattern
- 2:1 risk/reward ratio
- Stop loss above previous structure
- 0.618 Fibonacci retracement
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.