Gold Spot / U.S. Dollar
Short

XAU / USD Daily Bearish Engulfing Candle

133
Hello. Looking at the daily chart we can clearly see a bearish engulfing candle has formed. I will monitor gold for London open and then NY session tomorrow to see if we pop up to the marked zone on the chart. Gold often does not do a retest so I am also open to impulse sells using price action and proper confirmation on lower time frames. I am forever in debt to Big G my mentor. This is just my idea and possible set up, do your own homework before entering trades. Thanks so much for checking out my chart. Peace and fuzzy warm 420 vibes to all.

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.