FriesianFX

XAUUSD Gold sells 4h timeframe

Corto
OANDA:XAUUSD   Oro al contado/Dólar estadounidense
Sure enough Asia session was low volatility as mentioned last night, with price barely moving at all in 6 hours. Sells are still on, we will need to see price close below the sell level and watch out for a retest of 1903 before continuing down to 1895

Should price reject 1903, I can see the following scenario play out where price retests 1912, creating short term support and then continuing up. This would be viewed on the lower timeframe, but as I won't be as active today it is better to give a 4h breakdown.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.