Gold Spot / U.S. Dollar
Short

XAUUSD - Short Idea

80
It seems if the channel line breaks 1234 -only support is 1198-1199 on daily.

Trend seems like it's not in favour of Gold either.

I would recommend waiting for a clean break with volume to confirm then short.

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.