Going Short in GOLD (XAUUSD)
Trade Indications:
DOW theory intact: HH & HL ; Price made HH and tracing to HL
Evening Star formed at the top of HH positiion of the trend.
Price tracing from Major trend line.
Price below major resistance level
Bearish AB=CD Pattern formed.
XAUUSD Bulling in January
Sell / Short trade:
Buy @ 1865.70
Stop Loss @ 1869.50
Take profit @ 1853.75
Take profit 2 @ 1849.30
DOW theory intact: HH & HL ; Price made HH and tracing to HL
Evening Star formed at the top of HH positiion of the trend.
Price tracing from Major trend line.
Price below major resistance level
Bearish AB=CD Pattern formed.
XAUUSD Bulling in January
Sell / Short trade:
Buy @ 1865.70
Stop Loss @ 1869.50
Take profit @ 1853.75
Take profit 2 @ 1849.30
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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.
Related publications
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.