Sell Gold (Xau/Usd) H4 Channel по OANDA:XAUUSD от KABHI_TA_TRADING

Sell Gold (Xau/Usd) H4 Channel

The XAU/USD pair on the H4 timeframe presents a potential selling opportunity due to a Formation of well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Days.

Key Points:

Sell Entry: Consider entering a short position around the current price of 2500, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 2440
2nd Support – 2400

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