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XAUUSD sell (short-term)
Gold Spot / U.S. Dollar
Short
XAUUSD sell (short-term)
By vioralle
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Updated
May 16
1
May 16
The idea revolves around D, 4h and 1h timeframe.
The price cannot breaks the previous daily resistance (the red dashed line)
The price already breaks the previous 4h resistance (which act as a support cause the resistance previously exist below the price)
There is another 4h support in 2377.65 which is the likely price want to go
That's all, wish all of you a good trade.
May 16
Trade closed: target reached
Chart Patterns
Trend Analysis
vioralle
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