Gold (XAUUSD)Short
GOLD SHORT SETUP !
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The Daily Timre Frame :^
https://www.tradingview.com/x/G9anUy1T/
We are inside a channel, where we touched its highest ceiling twice and this is the third. The third touch is usually the strongest touch.
1H time frame:
Prices for entering into a sale transaction: from 1782.45 to 1772.17
Stop Loss Price: 1812
Target: 1664
If you found this analysis useful, click on boost and follow for more.
https://www.tradingview.com/x/G9anUy1T/
We are inside a channel, where we touched its highest ceiling twice and this is the third. The third touch is usually the strongest touch.
1H time frame:
- We broke the uptrend and we are about to form a downtrend
https://www.tradingview.com/x/lFCTyu5b/ - Head and shoulders in the process of formation.
- RSI BEARISH DIV
Prices for entering into a sale transaction: from 1782.45 to 1772.17
Stop Loss Price: 1812
Target: 1664
If you found this analysis useful, click on boost and follow for more.
Note
Congratulation to all the people who shorted
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