MBS-TRADES

GOLD_BEARISH FLAG_TREND CONTINUATION

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
TECHNICAL OUTLOOK AT 1H TF:
1. Bearish Trend
2. Bearish Flag which is enforcing the trend continuation.
3. No Divergence at the Support Zone.

TRADE PLAN:
I would recommend to go for the Sell Stop order at the break of the pole of Bearish Flag.
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.