XAU/USD(1Hour): I stumbled upon a pot of gold!!!🏆

٢٣ أغسطس ٢٠٢١

Risk/Reward Ratio: 10.94 ✅

Chart Breakdown

• Daily Timeframe
  Uptrend in place.
  Despite the uptrend we also have a break and re-test of the uptrend trendline formed on this timeframe, making this timeframe bearish.
  
  
• 4Hour Timeframe
  We still in an uptrend on this timeframe.
  
  
• 1Hour Timeframe
  We have a strong downtrend on this timeframe.
  I'm anticipating a 4th touch sell setup on the downtrend trendline.
  
  

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DR.Swing_Forex