AlkalineFX

XAUUSD: Sellers Stop Losses

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price has swept the key weekly supply zone and has tapped into the key psychological level of $2k

I expect price to play around at this level and manipulate before it reverses slightly to take out some buyers.

I have marked out my expected sell zone and target level.

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.