XAU/USD Short Idea
https://.https://www.tradingview.com/x/BYgMi5NU/
30 minute timeframe analysis and forecast
1. Major Bearish Trend - High N0. 1, Low No. 2
2. We are currently in a Minor up trend
3. Zone 1 and Zone 2 are potential reversal levels. Zone 2 being the higher probability level given the strong sellers originate there.
4. The center line of the White Pitchfork and the outer line of the blue pitchfork also intersect in zone 2
Any thoughts... supporting or contrary - do share :)
30 minute timeframe analysis and forecast
1. Major Bearish Trend - High N0. 1, Low No. 2
2. We are currently in a Minor up trend
3. Zone 1 and Zone 2 are potential reversal levels. Zone 2 being the higher probability level given the strong sellers originate there.
4. The center line of the White Pitchfork and the outer line of the blue pitchfork also intersect in zone 2
Any thoughts... supporting or contrary - do share :)
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