Time Frame: 4H
Symbol: XAUUSD
Entry: 1873.413
TP: 1767.525
SL: 1952.829
Bias: Short
XAUUSD is facing a strong significant resistance at $1970, There are obvious reasons that We are bearish because the instrument will require strong momentum and volatility to cross this level upward but it does not have the necessary impetus now to do that change because of the gloomy market conditions in all verticals. SO we stay bearish.
Symbol: XAUUSD
Entry: 1873.413
TP: 1767.525
SL: 1952.829
Bias: Short
XAUUSD is facing a strong significant resistance at $1970, There are obvious reasons that We are bearish because the instrument will require strong momentum and volatility to cross this level upward but it does not have the necessary impetus now to do that change because of the gloomy market conditions in all verticals. SO we stay bearish.
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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.