yann2zen

Into sellers territory

yann2zen Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The next level to break is 2079 which will open doors to more buyers. For now, sellers can look for opportunities with good risk-reward ratio.
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Sellers entered the chat...

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RESISTANCE...

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Already breaking support levels shown with small white arrows)

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Big rejection

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Broken support levels shown with white arrows...

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Before and after...

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There's a setup. XAUUSD failed its breakout and came right back into the falling channel, so more downside can be expected. I'm sharing a sell idea below.


Trade closed: stop reached:
Stopped out...

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