XAUUSD H1 Short From S/R TP BEARS 2565 USD

🔸Hello traders, today let's review 1hour price chart for gold. Recently
price action compressed into rising wedge and then broke down
currently re-test of breakdown zone in progress.

🔸Strong resistances at 2655/2665 USD, shorting from resistance
is the recommended strategy right now, limited upside.

🔸Recommended strategy bears: short sell from overhead resistances near 2655/65 SL 2675 USD TP1 2600 TP2 2565 usd. usd fixed stop loss for this entry at 2675 usd, swing trade setup may take more time to hit target. good luck traders!

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Nota
stopped out / no longer valid. stay tuned for further updates.
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+140 pips The Best Level to BUY/HOLD EURUSD swing trade
Nota
eurusd short/long +180/+180 swing trade setup
Chart PatternsEURUSDGBPUSDGoldHarmonic PatternsTrend AnalysisXAUUSD

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