Gold Spot / U.S. Dollar
Short

GOLD SHORT

146
In this trade idea for XAU/USD on the 30-minute chart, I identified a potential short setup.

The price is approaching a significant supply zone around 2394.070, highlighted in purple.

I anticipate a reversal in this area, with a possible drop to lower levels.

Volume analysis shows a decline in buying pressure, supporting the likelihood of a bearish move.

I'll look for confirmation before entering a short position, targeting lower support levels.

THE CANDLES APPROACH BACK TO THE ZONE IS CORRECTIVE WHICH FURTHER SUPPORTS THE SELL BIAS

what's your thoughts?

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