Gold Spot / U.S. Dollar

Short

XAU USD SELL

By Visionary_insights

Updated

There is a potential trend reversal on the 1 hour timeframe.
If it's going down, the downtrend will be followed up on higher time frames so a huge sell.

Stop loss :2441.5
Take profit: 2382.4 or keep it open and wait for higher time frames

Trade active

Note

Pullback incoming to 2435

Note

Re-enter or add a SELL
Ideal entry point : Around 2430

Note

Pullback incoming to 2427

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Re-enter or add a SELL

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Next resistance is 2436. Sell it.

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Re- enter or add a SELL
Ideal entry point to SELL is : 2436 - 2438
Big move down!!! Let's get that money :)

Note

It's going down !!
Next resistance is around 2382 which will hit my take profit.

Note

Take your profit around 2395
It’s going to reverse.

Trade closed: target reached

Visionary_insights

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