GOLD is rejecting major resistance on 1250 and wanna go for short
pullback to 1235 area.
We can see multiple confirmations
1. EMA and MA cross
2. Trendline break + retest
3. Resistance breaking potential after next rejection to go higher
Don't forget to trade with proper RM/MM and caution
Good luck guys.
pullback to 1235 area.
We can see multiple confirmations
1. EMA and MA cross
2. Trendline break + retest
3. Resistance breaking potential after next rejection to go higher
Don't forget to trade with proper RM/MM and caution
Good luck guys.
Trade closed: stop reached
Closed XAUUSDNote
Even the stop was reached and I cancelled my Gold positions, resistancewas still respected and we can see more down on Gold, just keep eyes.
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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.