XAUUSD : Short Trade , 4h
Hello traders, we want to check the XAUUSD chart in the 4-hour time frame. The price is moving in a descending channel and managed to break down the key level between 1969 and 1978 and then pull back to this level. We expect this level for us. It will play the role of a resistance level and maintain the downward trend and fall until the specified targets. Good luck.
XAUUSD sell Entry : 1969.565
Stop : 2001.430 , Target1 : 1937.700 , Target2 : 1905.825
Risk/Reward Ratio : 2
XAUUSD sell Entry : 1969.565
Stop : 2001.430 , Target1 : 1937.700 , Target2 : 1905.825
Risk/Reward Ratio : 2
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