Burkemason

Short side sets for XAU

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold has been consolidating in a descending channel for the past few days. If PA can have a retest of the upper trend line and show candlestick exhaustion at resistance zone a nice short side set to the psych level of 1825 could be played. If price can break the 1825 zone, have a retest, another short side sets to 1775 can look super appealing as well.


As always, this is not financial advice. Only my perception of the markets. I am NOT a Financial Advisor.

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