XAUUSD short
Hello guys, I hope you are well today, my analysis in gold is mainly based on the daily downward trend, in 4 hours I locate the points where the price has touched which I mark with a red line, the purple line would be the last resistances where the price bounced previously, in the 1-hour period the price has made, in my opinion, a double top of that bullish micro-trend, now the rsi shows a decline, my decision to operate these last hours of the day and the week and maybe next week is to go short, looking for the last low reached, good luck to all.
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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.