XAUUSD Shorts (H4)
Monumental shorts in play for Gold tomorrow, I believe.
1. XAUUSD In Range on H4
2. Very High RSI ( point of exhaustion)
3. Deep, overextended move without major pullback (one pointed move)
4. Price testing top of Major Resistance (rebound from range tops).
Waiting for structure to get filled, and for news tomorrow to provide some volume for USD strength.
1. XAUUSD In Range on H4
2. Very High RSI ( point of exhaustion)
3. Deep, overextended move without major pullback (one pointed move)
4. Price testing top of Major Resistance (rebound from range tops).
Waiting for structure to get filled, and for news tomorrow to provide some volume for USD strength.
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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.