[SELL] XAUUSD - Bearish - I look to Sell at 1839-43
◾ Prices have continued the bullish move higher and resulted in 4 consecutive positive days
◾ This has resulted in signals for sentiment being at overbought extremes and we look for a move to the downside
◾ Selling spikes offers good risk/reward
◾ A lower correction is expected
Stop: 1855
Target 1: 1830
Target 2: 1825
◾ Prices have continued the bullish move higher and resulted in 4 consecutive positive days
◾ This has resulted in signals for sentiment being at overbought extremes and we look for a move to the downside
◾ Selling spikes offers good risk/reward
◾ A lower correction is expected
Stop: 1855
Target 1: 1830
Target 2: 1825
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Related publications
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.