JacquesSyse

Gold/XAUUSD: Possible Short Scenario?

Short
JacquesSyse Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
From what I'm "Speculating" I can see gold entering a correction phase soon after a huge push to the upside!
Keep in mind that bears might be able to take advantage of this situation and completely reverse the trend to our major support level!
REMEMBER! At any one of the plotted support levels, bulls can potentially re-enter the market!

If you find this idea useful please leave a like and follow me to receive more content like this!

Let me know what you think in the comments and feel free to share your analysis!
Order cancelled
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.