Gold Spot / U.S. Dollar
Short

DrooelmFX | GOLD SELL SIGNAL

270
Good SELL opportunity for GOLD.

Why I think so?

See A: Asset's price at a good SUPPLY AREA. We see Base-drop-Base, which shows this area can be used for SELL entries.

See B: Support & Resistance Area at same level as the Supply Area, indicating it is a strong SELL area

See C: Divergence on Awesome Oscillator

See D: Low volatility, weak trend movement

Entry: 1810 | 1820

Stop Loss: 1827 | 1830

Take Profit: 1774 | 1760

#DrooelmFX

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.