Gold
Short
Updated

Inverted Flag & Pole

153
XAUUSD
  • Possibility of a channel breakdown
  • next support 1750
Note
RSI divergence too a supporting factor
Trade closed: stop reached
NO trendline breakdown
took support & broke resistance
went to 1808 levels
Trade active
fake breakout from channel
1808 resitance taken
now again back into the channel support zone

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.