Gold Spot / U.S. Dollar
Short

XAUUSD HAVE PUMPED HARD FOR A BULL TRAP. HARD CRUSH AHEAD!

249
Check out the trade plan for XAUUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!

Here, after the massive reversal in gold from its dip to 1620, we are on an important level of resistance formed on the daily timeframe. Following upper boundaries acting as resistance is the key to the next possible direction to be identified over the price action.

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.