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Gold Spot / U.S. Dollar
Short

Trade idea - XAUUSD Short

By FXKjell
Updated
4H

Bearish impulse / break of last HL: indication .

Pattern within pattern: confirmation.
Head & Shoulders, Bearish W.

Clear support & resistance zone is there.

1H

From 1H POV market is approaching in a corrective way towards entry zone.

= Sell limit.

snapshot
Comment
WEEKLY

Double top pattern with Fake Out can be in play.

Clear resistance zone is there.

snapshot
Comment
DAILY

Bearish impulse / new LL: indication.

Bearish W pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Involved.
Trade closed: stop reached
-1%
Chart PatternsCommoditiesForexgoldshortpatternspriceactionanalysisstructuresupply_and_demandsupportandresistancezonesTrend AnalysisXAUUSD
FXKjell

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