KnightsofGold

XAUUSD - 1H Levels - Trade idea

Short
OANDA:XAUUSD   Or / Dollar Américain
Good morning.

We're expecting our long awaited target of 1750 as our first stop at some point today, the price looks like it can go a lot lower if this level doesn't support.

We're waiting for a small retracement towards 1770 to scale in and then potentially 1784 for our next short entry. Dependent on the target not being reached beforehand.

Support:
1760
1749
1728

Resistance:

1770
1781
1784

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