XAUUSD - Where to sell from??

#XAUUSD_FORECAST

Hello Friends,

The market now formed a double bottom and good for a reversal trade, but it is not right to buy at this time I think.

My plan is to sell when the price enters the resistance level and look at it briefly to continue the downward trend.

~ Analysis Structure –

* Looking the upper to side sell at.
* Resistance & Support area.
* Double Bottom.
* Possible fall breakout create.
* Flags pattern breakout(possible create).
* RSI indicator selling movemant in Hourly chart.
* Psychology trading

~ Trade Set-up –
First waiting for resistance selling movemant created.
Best sell entry level 1740/1755
Target¹ 1680(DB)
Target² 1600( Psychology)
Stop level 1780

* We hope our work will help you in trading.

~ Forex Analysis Team

Disclaimer:- Market a risky gaming platform. So first talk ur financial advisor.

Trade closed manually:

Now Close first entry 1740
Book +30 Pip ✅✅
Sell Xauusd ✅✅