Gold Spot / U.S. Dollar
Updated

XAU/USD Day chart: three test above unsuccessful, box'd range

188
snapshot

Either test above or below.

Cut losses early if unconfident, protect gains when market move in your favour.
Note
looks like a sell. DXY strong, good to wait for 1900 to fish for a short entry
Note
can setup to short here
Note
look toward 1812, 1725
Note
look for opportunity to short
Note
watch closely for rebound to end.

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.