XAUUSD SHORT IDEA Fake Break KnownFX
Following an impulse leg, the gold market fell from the resistance zone.
The price is approaching the recent resistance zone at 1840.
The market has previously reacted to this zone.
We believe gold will fall because the market is in a downtrend. My ambition is to reach the 1815 and 1800 support levels.
The price is approaching the recent resistance zone at 1840.
The market has previously reacted to this zone.
We believe gold will fall because the market is in a downtrend. My ambition is to reach the 1815 and 1800 support levels.
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.