Gold Spot / U.S. Dollar
Short

SELL BIAS ON XAUUSD

157
Preference
Short positions below 1780.00 with targets at 1765.00 & 1757.00 in extension.

Alternative scenario
Above 1780.00 look for further upside with 1789.00 & 1800.00 as targets.

Comment
As long as 1780.00 is resistance, look for choppy price action with a bearish bias.

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.