DhananjayaShetty

Expecting another bearish move in Gold from my Selling Zone.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Gold showed the bearish trend in WEEKLY, Daily and 4H timeframe.
Yellow box/lines indicates the Sell zone POI for gold.
Hoping for gold to rise till the sell zone POI and then fall towards TP.
Sell zones are mentioned in the charts as :
POI 1 = 1919.34 - 1921.27
POI 2 = 1939.20 - 1942.70
POI 3 = 1954.70 -1957.70

I will look for buy around 1899.54 (scalp trades)

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.