XAU/USD FALLING WEDGE

XAU/USD has got a few more laps to complete inside the falling wedge, and being below the 200-day SMA is a strong indicator for the bearish continuation for the yellow metal.

A Bearish setup,
Sell stop - 1915.00
Take Profit - 1860.00

Trade with appropriate risk management.
Chart PatternsfxfxsignalsTechnical IndicatorsTrend AnalysisXAUXAUUSDxauusdshort

Also on:

Disclaimer