XAUUSD short swing idea
تم تحديثه
The XAUUSD currency pair has been consolidating within a bearish triangle pattern for days, but it has recently experienced a downside breakout. The price encountered significant rejection near the 61.8% Fibonacci level, and the price action appeared favorable. It is advisable to exercise patience and await confirmation that is consistent with your trading style and risk management approach.
Keep in mind that there is a possibility of a false breakout, so it is crucial to wait for the support to be broken with a full-body candle and retest before making any trading decisions.
*Please note that* the information provided is not intended as financial advice. It is purely an idea or suggestion for informational purposes. It's important to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
Keep in mind that there is a possibility of a false breakout, so it is crucial to wait for the support to be broken with a full-body candle and retest before making any trading decisions.
*Please note that* the information provided is not intended as financial advice. It is purely an idea or suggestion for informational purposes. It's important to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
تعليق
Re-entered my short position. Still holding bearish sentiment on Gold.تم فتح الصفقة
Expecting tp around 1890, 1857 and last 1817. still bearish on a daily.
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