XAU/USD: short position from resistance level(h4)
Gold broke through the trend line with a strong impulse, after which a correction to the resistance line began.
You can also notice a local trend line, which, according to my expectations, may be broken, and the price will reverse from the resistance level of the global trend line to a strong support zone.
You can also notice a local trend line, which, according to my expectations, may be broken, and the price will reverse from the resistance level of the global trend line to a strong support zone.
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.