Gold (XAUUSD)Short
XAUUSD short idea
Updated
GOLD started to reject 1900 key level.
The price made a higher low with a lower high (1H timeframe) indicating selling pressure.
RSI also was in overbought zone.
EMA 9 and EMA 14 are crossing on 1H timeframe.
I expect a short movement to 1850 also to retest a daily trendline that was broken.
Trade with 1:11 RRR
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The price made a higher low with a lower high (1H timeframe) indicating selling pressure.
RSI also was in overbought zone.
EMA 9 and EMA 14 are crossing on 1H timeframe.
I expect a short movement to 1850 also to retest a daily trendline that was broken.
Trade with 1:11 RRR
Like and subscribe for more!
Trade closed manually
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