XAUUSD Short Position
this is what i am thinking for Gold - it created a lower high on the 4HR and is respecting the 76.4 fib level. i am expecting a sell off here to create a lower low. there is still some bullish momentum so i am setting several TP zones at potential reversal zones.
we also have alot of news this week so reversals are possible but overall i am sell bias.
we also have alot of news this week so reversals are possible but overall i am sell bias.
Note
All targets hit for 3300 pips - sheesh!
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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.