XAU/USD Short Trading Setup
According to my analysis, gold price will go SHORT in the coming days. The support level 1828 match perfectly with fibonacci ret. and 2 things support my analysis.
1- Moving averages crossed each other down.
2- price sagged below the moving average.
If price breaks the resistance and make pullback with bearish engulf candle or if price reaches the moving average and makes an bearish engulf candle, the price will go down.
When the signal is confirmed, I will share it here again.
Follow me and stay tuned.
-HecateFX
"Teaches while earnings"
1- Moving averages crossed each other down.
2- price sagged below the moving average.
If price breaks the resistance and make pullback with bearish engulf candle or if price reaches the moving average and makes an bearish engulf candle, the price will go down.
When the signal is confirmed, I will share it here again.
Follow me and stay tuned.
-HecateFX
"Teaches while earnings"
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