XAUUSD (GOLD) Short
Symbol: XAU/USD (Gold to US Dollar)
Technical Analysis:
1. 4H Chart:
Main Trend: So far, gold in XAU/USD has been in an end of uptrend, indicating the presence of Selling momentum.
Level: The key resistance level is around [2016-2023], and approaching it may decrease the likelihood of a price reversal to the downside.
Technical Analysis:
1. 4H Chart:
Main Trend: So far, gold in XAU/USD has been in an end of uptrend, indicating the presence of Selling momentum.
Level: The key resistance level is around [2016-2023], and approaching it may decrease the likelihood of a price reversal to the downside.
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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.