The overheated Gold rally looks to be in need of some further cooling. Traders look to be buying into the rumors that a trade deal between the US and China could come very soon, despite China coming out contradicting those rumors. The risk here could be that markets are misinterpreting the US semantic on whether they are “talking” or “negotiating”, and that no deal is done anytime soon with possibly a revisit to $3,500
Xauusd signal buy 3276
Support 3394
Support 3320
Support 3350
Stop loss 3246
Xauusd signal buy 3276
Support 3394
Support 3320
Support 3350
Stop loss 3246
Trade active
Xauusd signal buy 80 pips done Trade closed: target reached
Xauusd now buy Note
Now buy confirm 3300Note
Xauusd signal Note
1 support hit 180 pips done 👍Note
Check my chart Note
Now buy confirm Note
Xauusd signal buy 240 pips done Note
Xauusd signal buy 430 pips done 👍Note
Check my work Note
Xauusd signal check 
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Disclaimer
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.