XAUUSD BEARISH ANALYSIS | (READ THE CAPTION)
Updated
hello dear traders tis is m xauusd analysis.
kindly share your opinion wit me about this chart in comment section
current xauusd price is 2619.00
bearish trend is back in market last week gold hit our supply zone 2639.00 and then we see heavy fall in gold market now market reject from our support1 2613.00/2610.00 to our resistance1 2620.00/2623.00 now i'm looking for sell trade from this zone if i find any sell confirmation ten i'm go for sell from our resistance1 and set target at support2 2603.00/26000.00 zone
key points:
resistance1 2620.00/2623.00
supply zone 2635.00/2639.00
support1 2613.00/2610.00
support2 2603.00/2600.00
trade setup:
entry zone 2620.00 / 2623.00
target 2600.00
stop loss 2634.00
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me!
Best Regards, The forex adventures
kindly share your opinion wit me about this chart in comment section
current xauusd price is 2619.00
bearish trend is back in market last week gold hit our supply zone 2639.00 and then we see heavy fall in gold market now market reject from our support1 2613.00/2610.00 to our resistance1 2620.00/2623.00 now i'm looking for sell trade from this zone if i find any sell confirmation ten i'm go for sell from our resistance1 and set target at support2 2603.00/26000.00 zone
key points:
resistance1 2620.00/2623.00
supply zone 2635.00/2639.00
support1 2613.00/2610.00
support2 2603.00/2600.00
trade setup:
entry zone 2620.00 / 2623.00
target 2600.00
stop loss 2634.00
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me!
Best Regards, The forex adventures
Trade active
trade active at 2619.00 Trade closed: target reached
target hit successful 200 pips profit done
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💱 6 YEARS IN THE GAME 👊
| SUPPLY & DEMAND + STRUCTURE + VOLUME = 💸
| LEARN FOREX TRADING 👇
t.me/+3WMFRXH1kvgxYTc0
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