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XAUUSD swing sell target 400 pips 4 hour chart

221
Looking to sell gold when it rises to 2697 expecting it to continue to fall to 2657 which was previous support.

Trade is based on higher time frame trend lines and supported by Fibonacci levels , 0.5,0.628 marked out on chart.

You can see that Gold broke the daily level of resistance as well as the 4 hour resistance too there is a chance for gold to open bearish , basing this on the last 2 daily candles , but I think we will retrace to test entry again.

As always best way to enter these trades is wait for break and retest before entering
İşlem aktif
1340 pips hope someone else took this idea i closed out
İşlem kapandı: hedefe ulaştı
;-)

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.