SHORT GOLD!!!
Hey everyone!
I’m watching XAU/USD (Gold) closely as it’s just tapped into a significant resistance zone (that green box). The price had a strong move up into this area, but I’m anticipating a possible reversal from here. That’s why I’ve drawn that curved arrow indicating a potential drop.
If the price starts to retrace, I’ll be looking for it to head towards the lower support zones marked out below. The volume spike as we entered this resistance zone is something I’m paying attention to—it could be a sign of buyers exhausting and sellers stepping in.
Let’s see how this plays out. Keep an eye on these levels and share your thoughts in the comments!
IT'S CPI DAY
I’m watching XAU/USD (Gold) closely as it’s just tapped into a significant resistance zone (that green box). The price had a strong move up into this area, but I’m anticipating a possible reversal from here. That’s why I’ve drawn that curved arrow indicating a potential drop.
If the price starts to retrace, I’ll be looking for it to head towards the lower support zones marked out below. The volume spike as we entered this resistance zone is something I’m paying attention to—it could be a sign of buyers exhausting and sellers stepping in.
Let’s see how this plays out. Keep an eye on these levels and share your thoughts in the comments!
IT'S CPI DAY
註釋
LETS GOOO!!!! STOP HUNT AS EXPECTED THEN THE DROPPPP!!!!
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