Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1:
This is what we would like to see in XAU where it has broken the last Low in 4H timeframe and a strong support in 1H
It's creating a new LL, now we wait for a retest to the support become resistance zone and creating a new LH to put a short position
4hour Trend: Bearish
Trade scenario 1:
This is what we would like to see in XAU where it has broken the last Low in 4H timeframe and a strong support in 1H
It's creating a new LL, now we wait for a retest to the support become resistance zone and creating a new LH to put a short position
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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.
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.