XAUUSD Below 1hr Trend Line *Short Idea*
* Short Idea*
With the recent push to the previous resistance level of 1735, prices have begun to show rejection and trade below the 1 hr trendline towards the ending of the last trading week.
At today's opening, price continues to show rejection and fail to make a higher high, further confirmation of the bearish activity can be gathered by the wicks on the hourly candlesticks
With the recent push to the previous resistance level of 1735, prices have begun to show rejection and trade below the 1 hr trendline towards the ending of the last trading week.
At today's opening, price continues to show rejection and fail to make a higher high, further confirmation of the bearish activity can be gathered by the wicks on the hourly candlesticks