MaxProfHacker

XAUUSD | Good Sell Opportunity | Technical Analysis

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of XAUUSD, I think we are going to see a downward movement. There was a supply near 1788 range; even though that area tested too many times, there is a good chance the price would fall from that area. Anyways, we could place a short near that area, which is a high probability low risk area to go short. And, don't forget to place the stop just above the previous supply area.

What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.

Good Luck!

Disclaimer!
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