OANDA:XAUUSD   Gold Spot / U.S. Dollar
Potentential short.

Why? this area seems to be a strong pivot point. Looking left you can see price has pushed to the downside quite heavily, this indicates selling pressure around this area and therefore I'm expecting price to react at this level.

Price may not push all the way down to the bottom zone please be aware that price may push down to my target and push to the upside.
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.