XAUUSD Short
Trend is fading and volume doesn't support higher prices. So far the channel is thinning as well.
This is not fancy but a simply 1 day chart.
What I have learned that trend and volume should never be overlooked.
One can scalp up and down using the channel or short everytime it hit the upper channel line since more likely for a downside.
Support seems to be at 1199.910- so that's quite a bit far.
This is not fancy but a simply 1 day chart.
What I have learned that trend and volume should never be overlooked.
One can scalp up and down using the channel or short everytime it hit the upper channel line since more likely for a downside.
Support seems to be at 1199.910- so that's quite a bit far.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.