Xauusdforex
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1708.700
TP: 1677.938
SL: 1736.898
Bias: Short
For gold our plan is to short. Currently the price pattern of gold is suggestive of a short term sell opportunity and the dynamic resistance is also in favor for a short opportunity, so we plan for a short trade.
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1763.698
TP: 1725.868
SL: 1792.235
Bias: Short
Our bias is bearish for this pair. After studying the price pattern and the dynamic support and resistance our conviction is stronger in favor of bearish bias. We had better look for shorting opportunity.