XAUUSD outlook
Looking to see how Gold behaves in the next few days. D1 close below 1780 will strengthen the bullish outlook. It’s also possible we could see a retracement before the drop. Watch 1805-1820 levels for rejection.
Looking to go short, if we drop below 1780 and upon retest will take a short position. If we push above 1800 we will still be looking to take a short once we see the rejection on smaller time frames.
Break above 1833 will negate the bearish outlook.
Looking to go short, if we drop below 1780 and upon retest will take a short position. If we push above 1800 we will still be looking to take a short once we see the rejection on smaller time frames.
Break above 1833 will negate the bearish outlook.
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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.