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UnknownUnicorn11253106
May 11, 2023 5:23 AM

Xau/Usd Gold probable sell setup  Short

GoldOANDA

Description

Hello traders gold after recording a new high we have what looks like reversal after a sharp drop from the newly high we was a on pull back that probably will be a distribution in price we seen yesterday the market was trying to balance sell side imbalance now we might see a drop on gold to get to the less resistance liquidity areas lets see how it play out let me know what you think

Comment

we can sell gold right now b4 the break we have 3 touches now that means confirmed trendline

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we might need to hold it all the way to tp

Comment

we are still sell on gold for next week
Comments
InkyGrip
Possible bearish Scenario on XAUUSD
UnknownUnicorn11253106
@plancton0618, exactly that is what i am anticipating
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