xauusd h2 short from resistance tp 2000 usd

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🔸Hello traders, let's review the 2 hour chart for GOLD today. Ongoing distribution in
progress since January 2024, currently locked in trading range.

🔸Final pump in progress, however strong overhead resistance overhead will
likely contain any further gains, therefore risk/reward will shift in bears favor
as we close in on resistances near 2050 usd.

🔸Recommended strategy for gold bears: short sell rips/rallies toward resistances
near 2050/2055 usd, SL 2065 usd, TP1 2025, TP2 2000 usd. swing trade setup, patience
required. good luck traders!

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Заметка
risk/reward shifting in bears favor
Заметка
gbpcad h8 xabcd advanced entry buy/hold setup
gbpcad h8 xabcd advanced entry buy/hold setup
Заметка
gold mid-term outlook bears will target 1785 usd
gold mid-term outlook bears will target 1785 usd
Сделка закрыта: достигнута тейк-профит цена
TP1/TP2 hit. congrats if you followed.
Chart PatternsEURUSDGoldTechnical IndicatorsOilTrend AnalysisXAUUSD

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