Gold Spot / U.S. Dollar
Short

XAU/USD UPDATE

535
GOLD ANALYSIS
6/18

Update to my Weekly XAU Analysis
Check it out below
XAU/USD SHORT POTENTIAL

(I update my pairs frequently on telegram, NOT on tradingview)

Price has been stuck in a correction
This can be seen from a higher time frame as well as smaller

Looking for price to take out previous highs above as marked
We can then look for short entries

1745-1750
Looking for shorts after we reach this region
Depending on how price reacts and if we can see a nice rejection
Things can change in instant

Do NOT trade before taking confirmation
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature

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