Gold Spot / U.S. Dollar
Short
Updated

XAUUSD (Gold) Analysis:

131

Currently in a bearish channel with the short-term trend line recently broken.

Consider two short entries:

First entry: Short from 2325.40, a significant level in the chart.
Second entry: Short from the zone comprising the weekly pivot, top of the channel, and a reversal point.
Target price (TP) could be around 2287.00.
Note
mine, not activated yet!
Note
Since my position did not activated fully and I want to take more risks I'll publish new idea regarding this analysis.

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