Get started
Gold Spot / U.S. Dollar
Short

XAU/USD short

By michaelk631
Gold is lining up for a lovely short with more bearish momentum in my views, we have a nice clean break of the daily trend line with a lovely MA cross over suggesting a change in trend direction. We have a beautiful gravestone candle formed on the Daily suggesting that the Bulls have been pushed back by the bears signalling a change in trend. On the 4hr chart we see a lot of in decision but hopefully we will have a break to the downside

SL 1240
Entry 1228
TP 1250
michaelk631

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.