XAUUSD - swing short plan
This Friday XAUUSD was strongly rejected from the resistance line of the long term bull flag pattern.
Currently the price is consolidating. As the bearish momentum after the rejection was very strong it is very
likely that the price will continue falling. Thus there is a possibility for a swing short after the price consolidates in a bearish pattern.
Currently the price is consolidating. As the bearish momentum after the rejection was very strong it is very
likely that the price will continue falling. Thus there is a possibility for a swing short after the price consolidates in a bearish pattern.
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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.