XAUUSD POTENTIAL SHORT ON EXHAUSTION
GOLD Made some strong moves this week and is now touching another critical support zone
This is more of a scalp as another bull run is expected I just cant see it breaking straight through this zone without an exhaustion
After a Big push comes the exhaustion wait for Price Action to confirm the exhaustion faze (bearish engulfing candle close) to send short
Red: SL Zone
Blue: Open target
Green: TP Zone
This is more of a scalp as another bull run is expected I just cant see it breaking straight through this zone without an exhaustion
After a Big push comes the exhaustion wait for Price Action to confirm the exhaustion faze (bearish engulfing candle close) to send short
Red: SL Zone
Blue: Open target
Green: TP Zone
Trade active
Trade closed manually
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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.