XAUUSD Short Position
https://www.tradingview.com/x/DzWev9PQ/
Today is the U.S Presidential Election Day. With the moving averages on a 1 hour timeframe curving downwards, there is an 80 percent chance of Donald Trump winning the election, thus strengthening the U.S Dollar and drastically reducing the price of Gold to as low as 2685.Gold could reach the Resistance zone at 2746 before a waterfall later in the day.
XAUUSD Plan day (5/11/2024)
SET UP GOLD PRICE:
Sell GOLD zone: $2746 - $2748 SL $2751
TP1: $2735
TP2: $2725
TP3: $2710
Buy GOLD zone: $2695 - $2697 SL $2690
TP1: $2705
TP2: $2715
TP3: $2720
Buy GOLD zone: $2685 - $2687 SL $2680
TP1: $2690
TP2: $2700
TP3: $2710
Today is the U.S Presidential Election Day. With the moving averages on a 1 hour timeframe curving downwards, there is an 80 percent chance of Donald Trump winning the election, thus strengthening the U.S Dollar and drastically reducing the price of Gold to as low as 2685.Gold could reach the Resistance zone at 2746 before a waterfall later in the day.
XAUUSD Plan day (5/11/2024)
SET UP GOLD PRICE:
Sell GOLD zone: $2746 - $2748 SL $2751
TP1: $2735
TP2: $2725
TP3: $2710
Buy GOLD zone: $2695 - $2697 SL $2690
TP1: $2705
TP2: $2715
TP3: $2720
Buy GOLD zone: $2685 - $2687 SL $2680
TP1: $2690
TP2: $2700
TP3: $2710
Note
Plan day Sell Active from 2745 (+40 pips).Note
Plan day Sell Active from 2745 (+100 pips).
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