Stargazer_fx

GOLD is below Support/Resistance level,SELL on Confirmation..

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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GOLD
The price is below Support/resistance level ,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity...
In case, if price breaks above the support/resistance then we have to wait for a clear direction and wait for another opportunity...

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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