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Gold approaching a minor resistance

Oleh VasilyTrader
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syot kilat

hey traders,

I am still looking for short trade on gold.
and now I have found one more potential selling area!

I have projected a falling trendline based on the two recent market highs.
As you can see the market is approaching this line once again right now.

Looking left we also can notice that here we have some minor resistance level.

ATTENTION:
to avoid a losing trade, again
be focused on this rising wedge on 4H chart,
bearish breakout of it will be your confirmation.
syot kilat

good luck!
Dagangan aktif
Nota
the market has respected the identified level of resistance
and bears broke the rising wedge support
syot kilat
Nota
Stop to breakeven
Nota
market is very close to the target
Dagangan ditutup: sasaran tercapai
Chart PatternsCommoditiesGoldgoldsignalsgoldtradingMetalssignalsTrend AnalysisWave AnalysisXAUUSD
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