XAUUSD Short from 1970-1960

Updated
XAUUSD

Overall gold direction is short. Gold does not have the momentum to cross the resistance of 1985 and 2000.

It will regather at 1940-1932 or it can go more down as well.

1970 - 1960

Top 1940

Stop loss 1985

Note : The news will effect the gold specially Inflation rate and FED interest rate.

Trade active
Top is 1956 for short term
Trade closed: target reached
If you have followed then profits are yours
Note
It worked according to my idea
Note
This week Gold will do movement between 1970 and 1935. Be wise dont trade before the news it will be gambling not the trading.
Chart PatternsTechnical IndicatorsTrend AnalysisXAUUSDxauusdshort

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