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HAMED_AZ
Aug 29, 2023 4:06 PM

XAUUSD Short

Gold / U.S. DollarFOREX.com

Description

Hello traders ,what do you think about GOLD? After rising, gold has now reached the resistance zone and the ceiling of the ascending channel, now it is expected to fall to the specified level with a little fluctuation in this area.
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Comments
hnoarang
1948 is the SL of this analysis?
sriniwyvern32873
@hnoarang that is the resistance point , that means hard to break thar area ,but easy to rouch it.if you want to sell keep sl atleast 50 pips above the 1948 area.
GW_Ikimashou
@hnoarang no SL is required
Lingrid
Nice thinking! Your trade idea offers a fresh perspective!
RLinda
The idea is good, but we still need to wait for confirmation, so don't go into it now.
FirstNameHelen
Nice XAUUSD idea dear friend
mfnandmp1
is this analysis failed? because the price broke red resistance zone
jpeacockfx
Interesting idea going against the trend but we can see your reasoning behind this setup and it definitely could be a possibility. Good job!
Tradeonmax
Thank you
aliri
Thanks hamed❤️
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