GOLD SHORT Opportunity
Updated
GOLD SHORT Opportunity
Hello traders, here's a chance to Sell XAUUSD.
The price Action showed some weakness the last 3 days, as it started to show lower highs and lower lows since May's 2023 Peak.
In this analysis, I rely on the Downtrend line drawn above the price, In addition, the price was rejected 3 days ago when it reached the neckline of the double top pattern (25/Jul/2023's neckline (1952.5).
Entry Point: Direct or 1940
TP: 1894
SL: 1950
Goodluck.
Hello traders, here's a chance to Sell XAUUSD.
The price Action showed some weakness the last 3 days, as it started to show lower highs and lower lows since May's 2023 Peak.
In this analysis, I rely on the Downtrend line drawn above the price, In addition, the price was rejected 3 days ago when it reached the neckline of the double top pattern (25/Jul/2023's neckline (1952.5).
Entry Point: Direct or 1940
TP: 1894
SL: 1950
Goodluck.
Trade active
Direct EntryNote
+130 Pips With 0 drawdownBook some profit and keep going
Trade closed: target reached
Congratulations!+240 Pips, 0 drawdown.
Book some Profits, and move Stop Loss to Entry level.
I'll leave it running until 1985.
Note
Congratulations +300 PipsBook some Profits, and leave it running until 1985.
Trade closed: target reached
✅ 550 Pips for those who waited for the final goal and did not change the stop loss.We await confirmation of buying opportunities from 1810-1815 levels.
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