XAU/USD Short Trade Idea (5/8/19)
XAU/USD Short Idea (5/8/19) Daily Chart
- I am looking for the higher low to be established at the trend line and then the reversal to the weekly disturbance level @ 1254 (Blue Level)
- On the 4HR, waiting for price to break 200 EMA (grey) if it does, price will continue to go up to the trend lien, which has a confluence with the
61.80% fib level, the bearish trend line , and the 4Hr disturbance level (Orange)
- I am looking for the higher low to be established at the trend line and then the reversal to the weekly disturbance level @ 1254 (Blue Level)
- On the 4HR, waiting for price to break 200 EMA (grey) if it does, price will continue to go up to the trend lien, which has a confluence with the
61.80% fib level, the bearish trend line , and the 4Hr disturbance level (Orange)
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