Oro / DollaroShort
xauusd 1hour distribution short high TP 1933 usd
🔸Hello traders, today let's review 1 hour price chart for gold. Currently distribution in progress.
Closing in on range highs near 1975/1980 usd and risk/reward shifting in bears favor.
🔸Prior downtrend and recently distribution in progress bears will take over from overhead
resistance. premium prices near 1980 usd above and 1930 usd below. Bears should wait for
price to max out near premium prices before short selling.
🔸Recommended strategy bears: short sell from overhead resistances. distribution in progress.
TP bears is 1935/1930 USD. swing trade setup. wait for price to max out before short selling.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Closing in on range highs near 1975/1980 usd and risk/reward shifting in bears favor.
🔸Prior downtrend and recently distribution in progress bears will take over from overhead
resistance. premium prices near 1980 usd above and 1930 usd below. Bears should wait for
price to max out near premium prices before short selling.
🔸Recommended strategy bears: short sell from overhead resistances. distribution in progress.
TP bears is 1935/1930 USD. swing trade setup. wait for price to max out before short selling.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
t.me/thesyndicate001
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💎solana meme coin algo based
⚡️signals based on whale activity
📕and trading course for 10x-25x
🚀supercharge your trading
🏧to the next level join us today
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