XAUUSD is seemingly rejecting the resistance above it at around 1968. A medium risk of short position should be considered. RSI is also leaving its overbought level indicating a weaken in bulls.
Trade closed: target reached
Price actually went up to test resistance and down 100 pips instantly . Congrats on those who took the short position near the strong resistance zone <3
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.
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.