Gold Spot / U.S. Dollar
Short
Updated

XAUUSD TECHNICAL SHORT OPPORTUNITY

*FOR EDUCATIONAL PURPOSES ONLY.*

TOP DOWN ANALYSIS - 4HR TO 15MIN TECHNICALS ACCOUNTED FOR.
PRICE HAS REACHED AND BEEN REJECTED BY A KEY RESISTANCE LEVEL.
PRICE ACTION FORMED DOUBLE TOP PATTERN.
ANTICIPATING A PUSH DOWN TO NEAREST KEY SUPPORT/DOUBLE TOP PATTERN NECKLINE.
1:2 RISK REWARD MAINTAINED.
STOP LOSS ABOVE RESISTANCE.

*FOR EDUCATIONAL PURPOSES ONLY.*
Note
TAKE PROFIT HIT. +2%

Disclaimer