DeGRAM

DeGRAM | GOLD potential selling opportunity

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD bounced off the resistance level and dropped below the reaction zone.

The market created a pinbar at resistance, indicating bearish sentiment.

Another sign is the double top on the hourly chart. The price failed to break above and close above.

We expect bearish move following liquidity grab above the 2050 resistance because price did not touch this level yet.





-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.