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ForecastCity
Jun 3, 2021 10:23 PM

πŸ’‘Don't miss the great sell opportunity in Gold (XAUUSD)Β Short

Gold/U.S. DollarFXCM

Description

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Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1897).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XAUUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 27

Take Profits:
TP1= @ 1875
TP2= @ 1848
TP3= @ 1828
TP4= @ 1797
TP5= @ 1762

SL: Break Above R2

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Comments
Mesutkashmar
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thanks for sharing.
ForecastCity
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@Mesutkashmar, You're welcome !
TraderPaps
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πŸ’ͺ🏽
ForecastCity
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@papskallah, πŸ€ πŸ™ πŸ€
davidgolandak
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Good job! Clean analysis.
ForecastCity
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@davidgolandak, Thank you
carefulOwl22772
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Thanks. This is helpful.
ForecastCity
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@carefulOwl22772, You're welcome!
alehan1143
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✌
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