waleedkhan
Short

XAUUSD POTENTIAL SHORT SETUP

FX:XAUUSD   Gold / U.S. Dollar
422 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

what name this broker?
Reply
waleedkhan hery.jayaningrat
what broker?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
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