XAU / USD 4 Hour Chart ( Potential Sells )

Hello traders. I am looking for a good entry for potential Sells. Saying that, if 2302 area can hold as resistance, then I would look for a Sell at athe 2300 area. SL is 2310 area and my take profit would be 2385 or a touch lower. This is just speculation and a trade set up idea... Trade at your own risk. Gold is at the mercy of the US dollar, which is manipulated by the Feds. Smarter, safer sells would be to wait for a break and close below the 2298.33 area and take the sell on the retest of said area or, with volume, an impulse sell.. This is Friday, and I am in no hurry to rush or force a trade. Let's see how things play out. Shout out to BIg G... Be well and trade the trend.

Commentaire:

We are coming to the area where I am looking for potential sells. We have news here in the US in 1 hour and 35 minutes.... I am going to wait. 2300 needs to hold as resistance for gold to keep pushing down. Let's see how things play out.