Sphinx_Trading

XAU/USD: Short opportunity to catch +400 pips

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
- 4h strong bearish closure below 2000.0 levels.
- Equal lows at 1970.0 (liquidity)
- We may have a bearish move to 1960.0 after retesting 2000.0 levels
Comment:
- Price is struggling to break 1980.0 level.
- 1960.0 level as a next demand area.
Comment:
- Price hit our target at 1960.0
Trade closed: target reached

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.