Gold Spot / U.S. Dollar
Short
Updated

XAUUSD - Short - Falling Wedge

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⏳ 1 Hrs Chart analysis

XAUUSD -TREND ANALYSIS - SHORT

SHORT FIRST then LONG

Target - 300 to 400 pips (in Short)

Tagged Short - trading between the falling wedge

KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account

Tagged Short as I expect only short

📒 Head and Shoulder, Resistance line rejection, Retracement to support area
± 1852 fresh demand zone
± 1898 fresh supply zone

📒 Analysis / Trade Setup / Long and then short
± XAUUSD 1 day chart
± Short-term Bearish # Long term-Bullish
± Fresh Demand Zone level - 1852
± 1868 - temporary support - might break
± Falling wedge identified
± Bullish trend reversal
± A touch down to support needs to be completed
± Go long for more pips
± HAPPY TRADING


Short Target - 1833
Long Target after wedge Breakout - 2150
Trade active
Short target reached - this was amazing - the best trade I ever had so far in my life..

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