GOLD TF TRADE
Pair: XAUUSD
Trade Opportunity: Sell
Type: Scalping
I am expecting a trend-following bearish trade. The market is moving overall in a pattern of lower lows and lower highs on the daily chart. Recently, it broke the support level from October 9 to the downside last night, and now it is retesting this support level, which we now view as resistance after the breakout.
On the 15-minute chart, a head and shoulders pattern has formed, with the neckline already broken to the downside, and it is currently being retested.
Entry 2606.72
Sl 2614.30
Tp 2597.21 & 2593.21
Trade Opportunity: Sell
Type: Scalping
I am expecting a trend-following bearish trade. The market is moving overall in a pattern of lower lows and lower highs on the daily chart. Recently, it broke the support level from October 9 to the downside last night, and now it is retesting this support level, which we now view as resistance after the breakout.
On the 15-minute chart, a head and shoulders pattern has formed, with the neckline already broken to the downside, and it is currently being retested.
Entry 2606.72
Sl 2614.30
Tp 2597.21 & 2593.21
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.