Short XAUUSD
Trend: Downtrend remains intact as price stays below the 50-SMA.
Candlestick Pattern: The bearish engulfing pattern is a strong reversal signal at resistance levels.
Fibonacci Levels: Correctly marked and align with key resistance levels for a short trade setup.
Trade Plan:
Please study before you invest.
Candlestick Pattern: The bearish engulfing pattern is a strong reversal signal at resistance levels.
Fibonacci Levels: Correctly marked and align with key resistance levels for a short trade setup.
Trade Plan:
- Entry: 2,644–2,645
- Stop-Loss: 2,651
- Take-Profit 1: 2,630
- Take-Profit 2: 2,622
Please study before you invest.
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