XAUUSD
Updated
Looking for a third touch to the upward trendline then maybe a retest to the 1524.378 resistance then a short entry swing trade (Following the White line). Following green we see a short trendline setup so should they fail to break to the upside and validate the analysis will be looking to hold in expectation of a breakout heading for tp 4.
Comment
Third touch to the upper uptrendline completed, closed on a doji daily. Played out a triple top on the hour and started its downward move on the lower timeframes further confirming our short position.Trade active
Comment
head and shoulder on the dialy, price looking to retest 1485.485 then enroute towards the predicted directional move. Looking to add to positions.
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.