CFDs on Gold (US$ / OZ)
Short

XAUUSD In strong Bearish Trend

237
Bearish Flag + Bearish Trend + No Divergence on any time frame. Is making the a strong snatch towards 2252 hopefully no signs or divergence is making this idea really strong all along. But there is a slight draw back on daily time frame where lower low did respected the previous Higher Low. There for I would rely on a sell stop. Instead of and instant entry. Lets hope for good. Thanks

My Position
Sell Stop : 2284.50
Stop Loss : 2216.50
Take Profit : 2253.50

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