Gold Spot / U.S. Dollar
Short

XAUUSD Short

150
Time Frame: 4H
Symbol: XAUUSD
Entry: 1933.300
TP: 1829.686
SL: 2000.073
Bias: Short


For XAUUSD we are going to short. Because of the steady upward moves the buyers are not willing to run after any unexpected risk and therefore a selling opportunity arises for the short term. However, the short is not valid for more than 3 days and it should be executed with proper money management.

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.