Sellxauusd
XAUUSDHey Traders, in this week we are monitoring XAUUSD for a selling opportunity around 1795 zone, once we will notice any bearish confirmation the trade will be executed.
Remember to use proper risk management, especially with gold because gold movements are more fast and severe.
Trade Safe, Joe.
Gold monthly downside level is BROKENBecause of the broken monthly level line and it is already retested this level. I am directly bearish tonight on Gold , also because the dollar will rise and as i see on my weekly formation bar it is a shaved bearish bar which means it will go down.
Take profit around 1653.00
and stoploss 1683.00
You don't need to look hours to analyse this chart. It is simple and just follow your analytical and fundamentals
Have a nice weekend and nice trading week
React and share your thoughts what you think?