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Hi Traders, XAUUSD on H4 was rejected by a large red candle at a major resistance. It has also broken out of the Bullish channel and retested it.
On H1 we clearly see that the Bulls are not in power which indicates the price will go lower
⬇️Sell now or Sell at 808.8
⭕️SL @ 1826.91
✅TP1 @ 1783.25
✅TP2 @ 1765.6
✅TP3 @ 1740.00
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
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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.