Get started
Stone_Haven

💡 XAUUSD: Strong price drop after breaking the peak

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Stone_Haven Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis XAUUSD xauusdshort xauusdanalysis xauusdsignal xauusdupdates Trend Line Break trendtrading trading tradingview
6
2
trendanalysis indicator fundamental xauusd xauusdshort xauusdanalysis xauusdsignal xauusdupdates trendlinebreak trendtrading trading tradingview
XAUUSD Analysis December 5

The momentum of H4 gold pushing down from its peak yesterday is very strong. It even surpassed the bottom of the previous strong rebound, thereby reversing the gold H4 trend from up to down. With strong bearish momentum and downtrend structure in H4, plus a bearish outside bar in D1, today's H4 gold can wait to be sold at the upswings.
Comment:
SELL LIMIT 2047 - 2050

TARGET : 2040

STOP LOSS: 2055
Comment:
Currently, investors are waiting for US non-farm payroll data to be released next Friday. This is an important jobs report, which is expected to affect the US interest rate outlook.
Comment:
🌟A place for traders to exchange and learn
➡️Let join my group
🟡 Link to me: t.me/+vOBGcGFV4KVkOGM1

Related Ideas

Stone_Haven
💡 XAUUSD: Analysis December 7, 2023
Stone_Haven
💡 EURUSD: Forecast ADP-Nonfarm
Stone_Haven
💡 XAUUSD: Continue with the downtrend
Stone_Haven
💡 EURUSD : Forecast December 5
Stone_Haven
💡 GBPUSD: Increased structure
Stone_Haven
💡 EURUSD: Analysis on December 4
Stone_Haven
💡 XAUUSD: Gold breaks all-time high
Stone_Haven
💡 EURUSD: Prediction for December 1
Stone_Haven
💡 GBPUSD: Reversal signal appears
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.