๐ XAU/USD Rejection Confirmed! SELL!
๐ฉโ๐ป Dear traders,
After a deep analysis, Iโve come to the following conclusion:
The price is now trading inside a strong resistance zone around 3,336.70 โ 3,338.00, where bears have stepped in.
Bias โ Bearish
๐ฏ Target โ 3,328.00
๐ฏ Target โ 3,324.60
๐ฏ Final Target โ 3,315.60
๐ Safe Stop Loss โ 3,347.00
๐ Reasoning:
โ Price entered resistance zone and started rejecting sharply
โ Momentum shifting in favor of sellers
โ Clean R:R setup for intraday bearish move
โ Trendline & MA confluence supporting the drop
๐ #XAUUSD ๐น
Time Frame: 1H (Signal)
๐ธ WISH YOU ALL LUCK! ๐
๐ฉโ๐ป Dear traders,
After a deep analysis, Iโve come to the following conclusion:
The price is now trading inside a strong resistance zone around 3,336.70 โ 3,338.00, where bears have stepped in.
Bias โ Bearish
๐ฏ Target โ 3,328.00
๐ฏ Target โ 3,324.60
๐ฏ Final Target โ 3,315.60
๐ Safe Stop Loss โ 3,347.00
๐ Reasoning:
โ Price entered resistance zone and started rejecting sharply
โ Momentum shifting in favor of sellers
โ Clean R:R setup for intraday bearish move
โ Trendline & MA confluence supporting the drop
๐ #XAUUSD ๐น
Time Frame: 1H (Signal)
๐ธ WISH YOU ALL LUCK! ๐
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Join Sarah Trades -
Free Telegram Signals : t.me/SarahAnalyticsSignals
For Gold signals: t.me/SarahAnalyticsSignals
Free Telegram Signals : t.me/SarahAnalyticsSignals
For Gold signals: t.me/SarahAnalyticsSignals
Related publications
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.