XAUUSD Short Scalp Trade Setup
Gold (XAUUSD) is currently displaying strong bearish momentum, with price aggressively rejecting key resistance levels and forming lower highs on the lower timeframes. A sharp breakdown below intraday support suggests increased selling pressure, supported by bearish candlestick structure and volume. Momentum indicators confirm downside continuation, presenting a clean opportunity for a short scalp
Gold (XAUUSD) is currently displaying strong bearish momentum, with price aggressively rejecting key resistance levels and forming lower highs on the lower timeframes. A sharp breakdown below intraday support suggests increased selling pressure, supported by bearish candlestick structure and volume. Momentum indicators confirm downside continuation, presenting a clean opportunity for a short scalp
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.