Higher timeframe still gives me a bearish bias.
On the 1H chart, price is testing a major resistance area while reaching the upper boundary of the descending channel.
The 15M chart provided the execution, and I'm currently managing a short position from this zone.
Nothing is guaranteed. If price breaks and holds above the resistance, I'll accept the loss and move on.
Consistency is the key. Trade the plan, not the prediction.


#XAUUSD #Gold #Trading #PriceAction #RiskManagement
On the 1H chart, price is testing a major resistance area while reaching the upper boundary of the descending channel.
The 15M chart provided the execution, and I'm currently managing a short position from this zone.
Nothing is guaranteed. If price breaks and holds above the resistance, I'll accept the loss and move on.
Consistency is the key. Trade the plan, not the prediction.
#XAUUSD #Gold #Trading #PriceAction #RiskManagement
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
