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kripsonfx97
Jul 30, 2023 10:05 AM

XAUUSD SELL CONTINUATION 30.07.23 Short

Gold/U.S. DollarFXCM

Description

Reason Behind XAUUSD/GOLD Sell

1. Last Week Rejection Over the Resistance @1980 which make the Formation of Clear Neew Downtrend Channel

2. Bearish Engulfing Candlestick Pattern Make positive for the Sell Movement Over the last week Support over 1940 which is our support and make lower as per our expectation to 1910

3.Continuation of Last W pattern still Valid and smoothen teh downtrend

Over all Possible Outcomes

XAUUSD SELL @ 1965-73

SL 2000

TP 1940

TP 2 1910
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