XAUUSD Gold short Idea
Personally, I'm looking bearish for gold until breaks 2347.40
I'm checking short entry now from 2343.
My SL will be above 2347.40.
My reason to be bearish is
1) Actually i was expecting price to reach 2336.40, if price did reach that point I wouldn't look for a comeback to fulfill
2) Price made a lower low from 2339.71 but didn't make a higher high above 2347.74.
That's why maybe bullish is weak.
Please trade on your own risk and confirmation.
My TP is 2338.40
I'm checking short entry now from 2343.
My SL will be above 2347.40.
My reason to be bearish is
1) Actually i was expecting price to reach 2336.40, if price did reach that point I wouldn't look for a comeback to fulfill
2) Price made a lower low from 2339.71 but didn't make a higher high above 2347.74.
That's why maybe bullish is weak.
Please trade on your own risk and confirmation.
My TP is 2338.40
Trade closed: stop reached
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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.
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.