XAUUSD - 1H - SCALPING/DIVERGENCE - SHORT

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Harmonic Patterns Technical Indicators XAUUSD USD Gold SELL signals short Technical Analysis Divergence

trendanalysis harmonicpatterns indicator xauusd usd gold sell signals short technicalanalysis divergence

PREVIOUS ANALYSIS:

XAUUSD - 1H - RETRACEMENT ENTRY - SHORT

Analysis:
As per our previous analysis, Gold couldn't sustain a Temporary support line and created lower support.
So now will look for our entry point near the circled area.
Once price in that area and starts making Bearish confirmation we'll be taking a nice short position.

Happy trading.!

Best Regards,
The MorningStar Forex

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