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Lingrid
Jun 6, 2023 8:07 AM

Lingrid | GOLD short from SWING ZONE Short

GoldOANDA

Description

The market tested resistance and dropped by forming double top then it retraced to the resistance zone at 1960. The price bounced off this zone couple of times before. The market might go down to retest the support level. The price has been rejecting the resistance zone by forming a long tailed bars; sign of losing momentum. My goal is the support level around 1945.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
WalterMoon
bro great work, I'm think that you are right for XAUUSD
MonoCoinSignal
Your charts and information add depth and credibility to your analysis!
morichard
just you
morichard
😍
Raheel32123
I'm also short on gold let's see
TradingShot
Really enjoying your content. Keep coming with more great ideas!
InvestingScope
Very timely idea. Great entry point for such a strategy.
TradingBrokersView
Thanks for sharing this idea! Nice description with good technical analysis.
ArmanShabanTrading
Great job!
InkyGrip
Detailed XAUUSD chart overview thanks
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