XAUUSD HOUR CHART
hello and happy 2023 to all
Here is my idea for gold; i want go long with gold if price breaks and closes above my resistance zone.
However, my conviction is much more on shorting gold since price has broke and closed below my trendline, I also see a double top and lastly what i want to see is price breaking and closing below my support zone then ill be looking to enter.
confirmations:
trendline breakout
double top
support (neckline) breakout
Here is my idea for gold; i want go long with gold if price breaks and closes above my resistance zone.
However, my conviction is much more on shorting gold since price has broke and closed below my trendline, I also see a double top and lastly what i want to see is price breaking and closing below my support zone then ill be looking to enter.
confirmations:
trendline breakout
double top
support (neckline) breakout
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