Gold Spot / U.S. Dollar
Short
Updated

Possible short entry for XAUUSD

1626
GOLD is bearish in 15 min TF . It has created a bear OB around 2400. Now after inducement , it is moving towards the OB at which a short entry might be possible with SL above nearest swing high just above OB and target at the swing low. This is more probable as the major trend is bearish
Note
There is an equal low at 2381. So it can be used as TP1

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.