Gold Spot / U.S. Dollar
Short

xauusd 4h short idea

93
gold moving in a downward channel ( red lines ), daily rising trend line (blue) has broken twice and if price sustained below it then next move will be down to next support (green trend line) and final move down to 1880-1870 level for short time. 1970 is strong resistance for now

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.