XAUUSD (GOLD) 1H - Bearish Continuation? 📉
Gold is showing Lower Highs structure on 1H timeframe.
After rejecting from the top, price is forming a Descending structure. I'm expecting a move towards the next support.
My Plan:
SHORT Setup
Entry: 4,357 - 4,389 Zone
Target 1: 4,328 (Intraday)
Final Target: 4,284
Stop Loss: Above 4,400
Reward is looking great here. Risk:Reward 1:2.5+
This is my personal view, not financial advice. Always manage your risk.
What do you think? Will Gold drop to $4284?
Comment below 👇
#XAUUSD #GOLD #Forex #TradingView #BinanceSquare #
Gold is showing Lower Highs structure on 1H timeframe.
After rejecting from the top, price is forming a Descending structure. I'm expecting a move towards the next support.
My Plan:
SHORT Setup
Entry: 4,357 - 4,389 Zone
Target 1: 4,328 (Intraday)
Final Target: 4,284
Stop Loss: Above 4,400
Reward is looking great here. Risk:Reward 1:2.5+
This is my personal view, not financial advice. Always manage your risk.
What do you think? Will Gold drop to $4284?
Comment below 👇
#XAUUSD #GOLD #Forex #TradingView #BinanceSquare #
