FriesianFX

XAUUSD 1h breakdown sell idea

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Based on price action and the 1h timeframe rejecting the 1960-1962 level as mentioned in the daily breakdown, I am anticipating sells. we have the 4h candle close coming up in 40 minutes so based on how that moves we can expect to react based on that. No news today so we don't need to worry about news impacting price unless it's something not on the financial calendar.

As always updates will be provided as the day goes on!

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.