elmakacho

XAUUSD Analysis. Signal for next week

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello Everyone. I want share my idea and signal of gold.

Friday after some news of Canada we saw banks push up price to daily resistance made some liquidity and then short it, that means they active new sellers and until real movement and trend they stopped people.

I am waiting retest that area again for open my trade, my interest point will be 1H resistance, if it will brake then ill wait at low timeframe price reaction from fib high volume and daily resistance.

I think gold is ready for retest next daily resistance, if we look at the chart 4H timeframe gold is bearish and last movement means it will come down.

Monday i will share my entry point setup.

Have a great weekend everyone!!!

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