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khansalarehsan

Again Gold Short

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
khansalarehsan Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
22
10
trendanalysis
Yesterday Gold's trade hit its target in a few hours. The 2% drop caused by the breakout of USDJPY.
If USDJPY keeps rising today we shall see more investments getting out from precious metals and investing in stocks.
Comment:
1461 first target

snapshot
Comment:
1458.97 is a critical point for this market as all Long term buyers have their SLs around this area as they believed it is a Bullish Market. Having the SLs hit you will see crazy moves coming out. This is also an area where Long term buyers may enter !

snapshot
Comment:
1450 is a reasonable target as on H1 it reaches the lower band of the channel
Comment:
Just broke it
Comment:

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khansalarehsan
Gold Short
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