Get started
durunvo

4H Gold is going down at least for today

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
durunvo  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
13
4
trendanalysis
Hi there, I'm a newby here trying to learn trading. So here is my first analysis.

It breaks a monthly trend line and the momentum is downward. So I guess it is a SHORT. This will be confirmed if in the next 4-8 hours it cannot retest at 1710.

TP1: 1680
TP2: 1650
SL: 1710
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.