ImranRFx

4h Bears already, Here are the remaining obstacles!!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi traders, market is bearish weekly with significant exhaustion by the bulls as earlier stated. And daily also confirmed the exhaustion likewise 4h and all at resistance level. Thus in this small channel, bears are currently in control which could possibly leads to the glister genesis. But if the support line holds again, then, keep in mind that it’s going to finally mitigation the daily resistance for massive momentum to the down side. Good luck
Disclaimer: Anything I write about is NOT investment advice. Please do your own due diligence before making any investment decisions. I’m not responsible for any of the gains and/or losses of your investments.

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.