XAUUSD update
Gold has reached the rejection zone highlighted over the weekend. please check the previous idea.
We will wait for a change in market structure and a break below the trendline before taking a short position.
Price could easily go above 1800 and settle trapping sellers.
We will wait for a change in market structure and a break below the trendline before taking a short position.
Price could easily go above 1800 and settle trapping sellers.
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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.