Xau/Usd Gold probable sell setup
Updated
Hello traders gold after recording a new high we have what looks like reversal after a sharp drop from the newly high we was a on pull back that probably will be a distribution in price we seen yesterday the market was trying to balance sell side imbalance now we might see a drop on gold to get to the less resistance liquidity areas lets see how it play out let me know what you think
Comment
we can sell gold right now b4 the break we have 3 touches now that means confirmed trendlineComment
we might need to hold it all the way to tpComment
we are still sell on gold for next week
Related publications
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.