XAUUSD 01/11
Updated
Looking to short gold from 1795.00
4H Timeframe Confluences:
- Pair has broken ascending market structure as well as ascending trendline with a strong bearish push last week. Moreover, the market has created a new lower low
- After a strong push last week, we are currently seeing a pullback to the 1795.00 key level and the 61.8% fib retracement level to create a possible new LH.
TP: 1770.00
4H Timeframe Confluences:
- Pair has broken ascending market structure as well as ascending trendline with a strong bearish push last week. Moreover, the market has created a new lower low
- After a strong push last week, we are currently seeing a pullback to the 1795.00 key level and the 61.8% fib retracement level to create a possible new LH.
TP: 1770.00
Trade active
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