Iconic_Trading

XAUUSD time for the Short ?

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Xauusd is reaching the 0.786 retracement.
We have to take a look if its rejects at the Zone.

Could be a good entry with a nice risk reward ratio for a sell.
I want so see it move downwards to the daily 0.618 retracement or the 0.50.
It will be interesting how it reacts at the Zone.
Keep looking and get in if you want to.
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.