XAUUSD short term sell opportunity inside Channel Down.
Gold / XAUUSD is trading inside a Channel Down pattern for the whole month of November.
Right now it is on the latest bearish wave, the 4th so far.
The 1hour RSI is also following the same sequence as the previous bearish waves.
The last two have dropped by a minimum of -3.40%.
Sell and target at least 2550.
Previous chart:
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Right now it is on the latest bearish wave, the 4th so far.
The 1hour RSI is also following the same sequence as the previous bearish waves.
The last two have dropped by a minimum of -3.40%.
Sell and target at least 2550.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.