XAU/USD SHORT (short-term)
XAU/USD Short (Short-term).
Looking to sell XAU if we get a break below that mini resistance zone. We have currently broken the lower TF market structure and now I'm waiting for an inverted Head & Shoulder pattern to form before looking to take Gold higher breaking out of the trendline. This trade is only valid if price breaks below and we get a nice rejection of the 1800 level.
I will be using the Fibonacci tool to measure the pullback and candlestick patterns for the entry.
Looking to sell XAU if we get a break below that mini resistance zone. We have currently broken the lower TF market structure and now I'm waiting for an inverted Head & Shoulder pattern to form before looking to take Gold higher breaking out of the trendline. This trade is only valid if price breaks below and we get a nice rejection of the 1800 level.
I will be using the Fibonacci tool to measure the pullback and candlestick patterns for the entry.
Feragatname
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