Chart Idea on Gold XAUUSD - 3/27/2024 - Short Setup
Updated
On Daily TF - XAUUSD looks bearish
Confirmations:
- Low Volume
- Bearish Divergence
- MACD crossing downwards
Swing short setup:
Entry - 2178.50
SL - 2202
TP - 2088
Confirmations:
- Low Volume
- Bearish Divergence
- MACD crossing downwards
Swing short setup:
Entry - 2178.50
SL - 2202
TP - 2088
Note
Trade invalidated. However, the bearish divergence is still there. Testing the highs again. Might make double top and then goes down. This trade is invalidated for now. Bias is still bearish for next two weeks thoughTrade closed manually
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.