Hello traders, Hope ya'll have a great week.
I'm gonna tell it as simple as possible.
as you can see we have a strong resistance line and the price hit it beautifully, and market closed with a nice morning star doji candle, after that we have an overbought stochastic confirmation.
So we can go short guys. Hope you enjoy the analysis.
SELL XAUUSD @1583.846
SL @1589.069
TP @1570.843
Chart PatternsTechnical IndicatorsTechnical AnalysisTrend Analysis

Penafian