armand_forex

XAUUSD - Short Idea

Short
armand_forex Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold spot is forming a rising wedge reversal pattern on the 1H chart. The crossing of the pattern is EXACTLY at a previous resistance level of 1653. Price may touch that level but not necessarily.

Trade will be activated once price crosses the lower trendline.
Trade active
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.