Gold Spot / U.S. Dollar
Short
Updated

Xauusd Short

419

This chart shows a potential bearish setup for XAUUSD. The price appears to be testing a resistance zone around $2,691 after breaking below a descending trendline. The expectation is for the price to reject this resistance and move downward toward the gray support zone around $2,664. A reversal confirmation would be ideal before taking a short position.
Note
gold sell zone 2684 to 2686
sl 2692
Trade active
Trade closed manually
closed 70 pips profit ...

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.