XAUUSD triple confluence break and retest

2023年8月5日

Currently, we have three TAs supporting the idea of holding short positions:

1- Rising trend channel support break and retest
2- H4 cloud break and retest
3- Demand zone break and retest
4- Diverging RSI is a further evidence of a possible big move down!

All of these confluences happening between the range 45-55!

PA suggests that we hold short till price breaks out of 51-55, Best of luck and happy trading!

2023年8月8日

註釋

We are stuck at minor supporting zone for now breaking here we should see our target region

2023年8月11日

交易結束：目標達成

Thank God we hit our target, closing trades and taking profit now :-) stay tuned for new update and a new idea about XAUUSD!

Play the chart to confirm!