XAU in Bearish Channel |23 April 2020
In the long term, there's a trendline pullback in forming, which indicates possible retracement. In the short term, we found a bearish channel and price is touching the upper band of the channel, indicating a good time to sell ! We use fibonacci retracement , graphcial levels to find our levels. A bit of fundamentals as well for the trade direction.
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If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Trade ativo
Price pulled back to our entry as expected, we are in the trade now .
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.