XAU Sell
Updated
4H: Price was in a downtrend; found support at previous support/resistance area and pulled back 38.2%.
1H: Similar to 4H Trend; downtrend; found support and pulled back 38.2%.
CURRENTLY:
Minor Trend: I am looking to see if price will rise and retest minor trendline; (making a 3rd touch are minor resistance) then SELL to -27 on minor FIB
Further... After -27 hit, I am looking for price to rise and retest 1HR trendline, at previous support/resistance and SELL further to previous support area.
(~200 + 180 pips)
1H: Similar to 4H Trend; downtrend; found support and pulled back 38.2%.
CURRENTLY:
Minor Trend: I am looking to see if price will rise and retest minor trendline; (making a 3rd touch are minor resistance) then SELL to -27 on minor FIB
Further... After -27 hit, I am looking for price to rise and retest 1HR trendline, at previous support/resistance and SELL further to previous support area.
(~200 + 180 pips)
Trade closed: target reached
TP 1 hit.Not TP2
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.