XAUUSD is situated into ascending channel and likely will make a breakdown becouse the stoch is overbought.Buyers also made a step back because we can see at MACD buy volume it s still decreasing and now we are near the strongest resistance at 4 hour timeframe.
I think it s an easy short setup
Good luck!
I think it s an easy short setup
Good luck!
Trade closed: target reached
Target reached!! enjoy :-)Disclaimer
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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.