XAUUSD sell (short-term)

Updated
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.
Trade closed: target reached
Chart PatternsTrend Analysis

Disclaimer