XAUUSD - Short
Going short on Gold.
There are several bearish indications showing a downward bias. The resistance has shown significance in the past and since the price got rejected from there while maintaining the rising wedge pattern, this strongly suggests that a price drop can be expected soon. There are two possibilities:
1. Price bounces from the support level
2. Price falls through the support level
Although if the price breaks the resistance and sustains above it, it will be a good sign to go long.
There are several bearish indications showing a downward bias. The resistance has shown significance in the past and since the price got rejected from there while maintaining the rising wedge pattern, this strongly suggests that a price drop can be expected soon. There are two possibilities:
1. Price bounces from the support level
2. Price falls through the support level
Although if the price breaks the resistance and sustains above it, it will be a good sign to go long.
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.