XAUUSD Downtrend Support level on 4H Retracement
Hello Traders! 👋
What are your thoughts on XAUUSD?
XAU/USD could not break below the 4H key support level today, which will cause the pair to retrace back to the Resistance level. This will create a third point of touch on the trendline. I will wait for a double top chart pattern to form on the 15-minute timeframe to serve as a major confluence and entry signal for a potential Sell.
Don’t forget to like and share your thoughts in the comments!
What are your thoughts on XAUUSD?
XAU/USD could not break below the 4H key support level today, which will cause the pair to retrace back to the Resistance level. This will create a third point of touch on the trendline. I will wait for a double top chart pattern to form on the 15-minute timeframe to serve as a major confluence and entry signal for a potential Sell.
Don’t forget to like and share your thoughts in the comments!
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.