Gold seem to be bearish after it long rally upward and if it couldnt brek the above resistance and stay above it ... it would go to the downward target as shown in the graph... so be patient
Note
xau made half the target and go upward again .it is not allowed to break the resistance .
any break means that it would gou higher .
we must take care
Trade closed: stop reached
we closed half the position and now it broke the resistance
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.