Hello traders,
I'm currently keeping a close eye on Gold (XAU/USD) for potential short setups. Recent price action shows clear bearish pressure, with Lower Highs (LHs) and Lower Lows (LLs) forming consistently — a strong indication that bulls are losing control and sellers are still in charge.
I'm particularly watching the internal highs around the 3265 zone. I’m anticipating a possible liquidity sweep above that level — a fake breakout that could tap into the daily imbalance zone (highlighted on the chart below). If price reacts bearishly from that area, I’ll be looking for confirmation to go short.
GOLD Daily
My short-term target for this sell idea is around 3092, just below last week's low.
That’s my current perspective on Gold — what are your thoughts?
Feel free to drop your analysis or any alternative views in the comment section below. Let’s learn and grow together!
I'm currently keeping a close eye on Gold (XAU/USD) for potential short setups. Recent price action shows clear bearish pressure, with Lower Highs (LHs) and Lower Lows (LLs) forming consistently — a strong indication that bulls are losing control and sellers are still in charge.
I'm particularly watching the internal highs around the 3265 zone. I’m anticipating a possible liquidity sweep above that level — a fake breakout that could tap into the daily imbalance zone (highlighted on the chart below). If price reacts bearishly from that area, I’ll be looking for confirmation to go short.
GOLD Daily
My short-term target for this sell idea is around 3092, just below last week's low.
That’s my current perspective on Gold — what are your thoughts?
Feel free to drop your analysis or any alternative views in the comment section below. Let’s learn and grow together!
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🔥Free Telegram Channel For Signals👇
t.me/+cJIWSM9RjvgyYzg0
t.me/+cJIWSM9RjvgyYzg0
Related publications
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.