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Jul 5, 2021 9:57 AM

Gold H1 - Short Setup Short

Gold/U.S. DollarFXCM

Description

Gold H1

Manic moves from gold off the back of Fridays antics. Really struggled to break above 1793 resistance which we had spoken about. Eyes peeled on this top resistance price, hourly range seem to be holding quite nicely. Higher lows are still being set, so maybe waiting for a lower timeframe break and retest would be prudent in this instance.
Comments
ap151
Definitely looks bearish, I will look for a breakout and hopefully a retest to enter a position
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