On the downside, the S1 support this morning briefly broke, though sees price action now reversing back above it, at $3,302. Further down, the S2 support at $3,256 precedes the technical pivotal floor near $3,245 (April 11 high).
Gold price is seeing more profit taking this Friday, erasing all of Thursday’s gains, and looks set to close off this week in the red. The move down comes amid increasing confusion on what is the status of the trade conflict between the United States and China, with the US President giving the impression that talks are taking place and China denying it.
Xauusd sell 3304
Support 3266
Support 3223
Support 3172
Stop loss 3370
Gold price is seeing more profit taking this Friday, erasing all of Thursday’s gains, and looks set to close off this week in the red. The move down comes amid increasing confusion on what is the status of the trade conflict between the United States and China, with the US President giving the impression that talks are taking place and China denying it.
Xauusd sell 3304
Support 3266
Support 3223
Support 3172
Stop loss 3370
Trade active
Xauusd sell 50 pips done 👍Trade closed: target reached
Xauusd sell 100 pips done 👍Note
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Xauusd sell 120 pips running Note
Xauusd sell 150 pips running Note
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Xauusd sell 190 pips running Note
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Xauusd sell signal Note
Xauusd sell 260 pips running Note
Xauusd signal 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.