SanchoAT

XAUUSD Short Possibility

Short
SanchoAT Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold is making a lower low, a downtrend move in 1h and 4h, now we are retracing to 50% - 61.8% fib area.

If we see a good rejection, spike, or other, we may see a downfall continuation to 1894 - 1894.

Comment:
We are on the zone, let's wait for rejection....
Trade active:
In decent profit
Trade closed: target reached

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.