XAUUSD POTENTIAL SELL SETUP
Price has reached the long term resistance and rejected.
Looking for price to go to 1st target.
If it breaks trend line, I expect a continuation down to intermediate support.
Looking for price to go to 1st target.
If it breaks trend line, I expect a continuation down to intermediate support.
Note
Note
This pair has not yet formed a high point and price continued to rise, breaking past a key level of resistance.My sell theory is on pause.
When the high point forms and the tend line breaks, I will enter for the sell.
Note
In profit.TP 1 almost hit. Holding for a TP @ 1723.XX.
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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.