ranggawardonce

Gold day trading Plan 14 Feb

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
4
Trend H4 and H1 still bearish
we had bullish divergences on H4, so watchout shorts
we also have an emerging Falling Wedge (Bullish pattern)

H1 still in bearish trend
Resistance (structure) is 1228
Resistance (last wave) is 1231
Wait price action at Resistances to entry short

This will make at least 1 more leg down to 1217 before going up to break the Falling Wedge

Plan your Trade, Trade your plan!!!
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.