XAUUSD | Good Sell Opportunity | Technical Analysis

If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of XAUUSD, I think we are going to see a downward movement. There was a supply near 1788 range; even though that area tested too many times, there is a good chance the price would fall from that area. Anyways, we could place a short near that area, which is a high probability low risk area to go short. And, don't forget to place the stop just above the previous supply area.

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Good Luck!

Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.