FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
General trend is upwards on the daily time frame with price respecting a nice trend line . on the 4h timeframe a multiple rejections could be seen at a key level . should price retest this level i would short the pair . Price is currently consolidating in the 1h time frame , a distinct bearish candle preferably with little to no wick must be formed before shorting the pair .

Like and comment to hit TP

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.