On the H1, XAUUSD formed a rising channel pattern, while the 100-MA gives additional resistance for the asset, forcing it to decline toward the lower border.
The Momentum crosses the 100-mark, suggesting further decline!
#TradeIdea
Sell #XAUUSD only on consolidation below 3325;
Target: 3300;
Trade active
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JOIN MY FREE FOREX & GOLD SIGNALS TELEGRAM CHANNEL
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
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.