XAUUSD is encountering weekly resistance and on smaller time frame (4Hr) It seems to be getting rejected multiple times. I suggest shorting at these levels to the 0.382 fib level.
First Target: 1492
Second Target: 1470
Third Target: 1450
First Target: 1492
Second Target: 1470
Third Target: 1450
Note
Downside has beganNote
I believe we head down for second target this week
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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.