XAUUSD sell (short-term)
The idea revolves around D, 4h and 1h timeframe.
That's all, wish all of you a good trade.
- The price cannot breaks the previous daily resistance (the red dashed line)
- The price already breaks the previous 4h resistance (which act as a support cause the resistance previously exist below the price)
- There is another 4h support in 2377.65 which is the likely price want to go
That's all, wish all of you a good trade.
Trade closed: target reached
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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.