Trade_Simple_FX

Gold H1 - Short Setup

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold H1

Manic moves from gold off the back of Fridays antics. Really struggled to break above 1793 resistance which we had spoken about. Eyes peeled on this top resistance price, hourly range seem to be holding quite nicely. Higher lows are still being set, so maybe waiting for a lower timeframe break and retest would be prudent in this instance.
Want to find our more about us? Check out the website link below!

Website - http://www.tradesimplefx.com

FREE Telegram Channel: https://t.me/Trade_Simple_FX

Instagram: https://www.instagram.com/trade_simple_fx

e-Mail: info@tradesimplefx.com

Comments

Definitely looks bearish, I will look for a breakout and hopefully a retest to enter a position
Reply