YertuntsTrader

XAUUSD is expected to continue fall, short trade idea

Short
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
Gold has broken the major level of 1680, which has become a very bearish trend. It is currently trading in a Consolidation movement in the short term. Multiple attempts to break the highs but price can't break up the resistance line /1680.00/ This is a very good signal to enter a short trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.