XAUUSD | Possible Rejection
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Price is being rejected of the Horizontal Resistance and the Higher boundary of the Descending Channel. We can initiate a short position if the rejection will be confirmed. Stop-loss can be placed above the Horizontal Resistance
In case price loses the Horizontal Support we can also initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price is being rejected of the Horizontal Resistance and the Higher boundary of the Descending Channel. We can initiate a short position if the rejection will be confirmed. Stop-loss can be placed above the Horizontal Resistance
In case price loses the Horizontal Support we can also initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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t.me/anputeam
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twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.