SHORT on GOLD XAU/USD
I am shorting gold as the 4hr timeframe has major divergence on the RSI
and there is a nice head and shoulders pattern on the 1hr timeframe.
Price has also broken below a major support zone and has already retested it as resistance.
Once price breaks the neckline of the Head and Shoulder pattern it should fall.
Here is the trade I will be taking on this pair.
PAIR = XAU/USD
ORDER TYPE = MARKET SELL NOW
LOT SIZE = LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1806.561
STOP LOSS = 1808.08
TAKE PROFIT = 1799.40
and there is a nice head and shoulders pattern on the 1hr timeframe.
Price has also broken below a major support zone and has already retested it as resistance.
Once price breaks the neckline of the Head and Shoulder pattern it should fall.
Here is the trade I will be taking on this pair.
PAIR = XAU/USD
ORDER TYPE = MARKET SELL NOW
LOT SIZE = LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1806.561
STOP LOSS = 1808.08
TAKE PROFIT = 1799.40
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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.