Continue to Hold The XAUUSD as Strong Resistance Holds
Updated
As long as XAUUSD traded below 1235.00, I would continue to hold the short position. A break above this zone with strong shaved bar will negate my idea.
Trade closed: stop reached
XAUUSD continued to strengthen unanticipated, gonna stay out from XAUUSD as my SND to short is a huge zone, which the stop level gonna be huge and I would rather to react when it come to 1290 region.
Related publications
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.