SHORT opportunity for XAUUSD on the 1H chart.
Price is rejecting the 4H strong trendline resistance creating a shooting star candle after buyers seem to lose their strength.
Great Risk Reward of 1:7.
Price is expected to continue to the downside and reach the weekly support around 1677.75.
This Trading Idea is not financial advice! Always use good R:R ratio and good risk management of the trades according to your trading plan and your account.
Price is rejecting the 4H strong trendline resistance creating a shooting star candle after buyers seem to lose their strength.
Great Risk Reward of 1:7.
Price is expected to continue to the downside and reach the weekly support around 1677.75.
This Trading Idea is not financial advice! Always use good R:R ratio and good risk management of the trades according to your trading plan and your account.