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XAUUSD Shorts (H4)
Gold Spot / U.S. Dollar
Short
XAUUSD Shorts (H4)
By nick2497
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Oct 18, 2023
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Oct 18, 2023
Monumental shorts in play for Gold tomorrow, I believe.
1. XAUUSD In Range on H4
2. Very High RSI ( point of exhaustion)
3. Deep, overextended move without major pullback (one pointed move)
4. Price testing top of Major Resistance (rebound from range tops).
Waiting for structure to get filled, and for news tomorrow to provide some volume for USD strength.
Chart Patterns
Technical Indicators
Trend Analysis
nick2497
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