VladimirRibakov

Gold Short Term Sell Idea

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
D1 - Price is currently holding in a key resistance zone.

Potential bearish divergence.

H1 - Bearish divergence.

Until the invalidation level holds my short term view remains bearish here.

If we get a valid breakout below 1850 level we may then consider it as a validation for this short term bearish view.

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.