Gold Spot / U.S. Dollar

Short

Updated

XAUDUSD price action sell setup

After a breakout of our previous support zone, which acted as support... we might find our next possible resist at our top green zone. Short when price gets rejected at our zone... for now, markets remain bullish

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It's still a wait to go short... strongly bullish

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so far so good. Soon those who went long will hit tp

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Sell when green zone rejects price

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one down, one to go

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snapshot

I expect a lower high and test our second target. If you find yourself in a current buy, look out for more downside movement to come. Good luck

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Close trade. 2nd target reached

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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.

Related publications

Double top Gold

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.