InfernoFX

XAUUSD (GOLD) Potential Downside

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold has had a deep retracement and might be looking to be running out of steam. At an individual level of resistance, it has been broken on the daily chart and might bounce off as a retest. Sell only when the price action confirms on the close of a daily candle.

Trade with care and good luck.

Please like and follow for more trade ideas.
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.