XAU\USD possible short position
As you can see XAU created lower low and a lower high in the chart.
And if the trend goes up there is a possible short position opportunity in those Fibonacci zones. Besides that, there would be a pullback to previous support which is now resistance.
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I'll be glad to know your opinion in the comments.
This is just a bit of financial advice, do your own research too.
And if the trend goes up there is a possible short position opportunity in those Fibonacci zones. Besides that, there would be a pullback to previous support which is now resistance.
If you liked the idea click like and follow to see more upcoming updates.
I'll be glad to know your opinion in the comments.
This is just a bit of financial advice, do your own research too.
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.
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.