Gold Spot / U.S. DollarEducation
XAUUSD SHORT
Updated
XAUUSD is currently trading below my 50ema on the 1HR time frame. It has also broken one of my zones with a nice bearish candle.
Price has been creating Lower Lows and Lower highs since 10th october.
There is also no High Impact USD news for tomorrow.
How I will be entering:
I will be waiting for a retest of the current zone where price is.
Upon which I will wait for a nice bearish bodied candle and after that I will enter short.
Price has been creating Lower Lows and Lower highs since 10th october.
There is also no High Impact USD news for tomorrow.
How I will be entering:
I will be waiting for a retest of the current zone where price is.
Upon which I will wait for a nice bearish bodied candle and after that I will enter short.
Order cancelled
Price did not meet my sell criteria as mentioned above, and broke above zone. Therefore I did not enter
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.