XAUUSD SHORT
HEY THERE! Looking at Gold again today anticipating a short.
The previous daily candle closed with bearish momentum below my psychological level at 1800. At the start of today, a retest was made at the level signaling a possible move to the downside, possibly to the lower Daily Trendline. When I scale down to the H4 chart, price is currently at 1794, an area that price has previously broken before but closed above. I am anticipating an impulsive break of this level due to current market momentum. For a risk entry, we could short at the break of the level, but for a reduced risk we shall have to wait for a retest off the level 1794-1793, before we could make a move. Watch how price reacts to 194-1793.
The previous daily candle closed with bearish momentum below my psychological level at 1800. At the start of today, a retest was made at the level signaling a possible move to the downside, possibly to the lower Daily Trendline. When I scale down to the H4 chart, price is currently at 1794, an area that price has previously broken before but closed above. I am anticipating an impulsive break of this level due to current market momentum. For a risk entry, we could short at the break of the level, but for a reduced risk we shall have to wait for a retest off the level 1794-1793, before we could make a move. Watch how price reacts to 194-1793.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.