Gold Spot / U.S. Dollar
Short

XAUUSD D1 - Short & Long

202
XAUUSD D1

We are now starting to break support here on gold, 1940 was the previous area of daily support which held for a solid 64 daily bars. A retest of the underside of that broken zone could offer us short entries to $1900/oz.

That being said, the preferred setup here would be longs from $1900/oz, alerts set for both, and waiting patiently.

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.