SantanderCapital
Short

XAU/USD Playing The Probability

FX:XAUUSD   Gold / U.S. Dollar
156 0 2
Chart: Daily Time Frame
Market: Bullish

1. Incomplete Bullish Flag chart pattern
2. Price rejecting key weekly/daily resistance @ 1340
3. Spinning tops candlestick pattern rejects resistance level @ 1340
4. Downward sloping trendline acting as resistance (price rejects trendline )

Note: I'm short term bearish on this pair, but long term (monthly chart) I'm still bullish .
Awaiting bullish evidence around 1320             or trendline support (blue dotted line) before going long.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out