XAUUSD SHORT TREND FOLLOWING TRADE
I am expecting a short trend-following trade from the vertical resistance where the market currently stands. If we analyze the 1-hour chart, a double top has formed, and its neckline has broken below. Now, we will enter the trade on the retest.
entry 2024.97
stop loss 2042.15
take profit 2004.90
entry 2024.97
stop loss 2042.15
take profit 2004.90
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.