Indices and commodities
#GOLD
Short
Active
GOLD (XAU/USD): Pullback from Resistance Confirmed for CAPITALCOM:GOLD by linofx1
TradingView
GOLD
Indices and commodities
Active
Current price
4698.08
USD
PNL
-0.08%
4698.08 USD
Stop Loss
0.35%
4710.88 USD
Take Profit
0.35%
4678.01 USD
Rationale
TradingView idea: GOLD (XAU/USD): Pullback from Resistance Confirmed for CAPITALCOM:GOLD by linofx1
TradingView symbol: GOLD
It appears that 📉GOLD may likely retrace from a significant intraday horizontal resistance level.
A local bearish Change of Character (CHoCH) and an imbalance observed on the hourly timeframe offer substantial bearish confirmation.
The target is set at 4678.
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Active
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