waleedkhan
Short

XAUUSD POTENTIAL SHORT SETUP

FX:XAUUSD   Gold/U.S. Dollar
420 2 1
These past 4 days gold             has been moving back up quite aggressively...

This is typical behavior after a double or in this case a triple bottom...

We expect price to keep retracing until the resistance zones marked...

Watch for price action reversal candles along those levels. They should give a good short entry which could in turn make the price go a lot lower than 1180.

Our view remain bearish until 1281 is not taken out convincingly.

Related Ideas

hery.jayaningrat
2 years ago
what name this broker?
Reply
waleedkhan hery.jayaningrat
2 years ago
what broker?
Reply
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