After looking at the commodity yesterday it had a bearish day, and the bearish was at a poshential resistance, it closed while still be
having a bearish movement, which in turn gives out a reversal movement, I am looking forward to selling XAUUSD at the 15-minute resistance, and here are some of the reasons why:
I am looking to sell XAU/USD up until the next support at 1699.00 that's where I'll place my Tp and my SL will be just above my 15Min resistance
having a bearish movement, which in turn gives out a reversal movement, I am looking forward to selling XAUUSD at the 15-minute resistance, and here are some of the reasons why:
- The resistance on Daily Timeframe
- The MACD & RSI supporting it on 4H and 15Min Also
- The trend(Downtrend) Both long-term and short
- 15min resistance
- 1D Reversal candle at the resistance
I am looking to sell XAU/USD up until the next support at 1699.00 that's where I'll place my Tp and my SL will be just above my 15Min resistance
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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.