XAUUSD (4HOUR) BREAKOUT, RETEST CONTINUATION IN ACTION
Break out trend line along with the retest,
doji's forming below the break of the trend line following the retest.
Confirming my short position in gold.
2:1 Risk reward in play.
Awaiting further confirmation through price action to confirm entry.
doji's forming below the break of the trend line following the retest.
Confirming my short position in gold.
2:1 Risk reward in play.
Awaiting further confirmation through price action to confirm entry.
Note
Target 1 completed. Awaiting further price action to clarify position.Note
Gold trade still in play awaiting further downward momentum.
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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.