100dollar

Broken resistance but...

Short
100dollar Aggiornato   
OANDA:XAUUSD   Oro / Dollaro
As price has been moving upwards for the last week after retesting 172x zone, now it has come to a resistance.
In the next week, price if break down below 1770 , Looking for opportunity to short once broken. It will target to 1738-1746 as 1746 resistance is relatively strong.
Commento:
Price rejected at 1770 which signal the retest of the top at 1800
Commento:
if price fell below 1760, it will be a downward move to 1720-1730
Commento:
Price resisted at 1800, if this continue to proof to be resistance, it will fall to 1770 and 1760 before going to 1720
Commento:
1780 will form the new resistance

Idee correlate

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