TradingView
Forextuitions
Sep 7, 2017 5:32 AM

Short XAUUSD Short

GOLD / U.S. DOLLARICE

Description

XAUUSD the pair have a good volume ,the buck failed to drag the pair down through the 55-hour SMA. Second, the gold managed to recover and break through the weekly R1 at 1,339.42, we can see fall one again towards first support 1331.62 and expect to break and intimidate target of 1326.Overall we can see the pair target of 1304/1298 and then one more rally.

Sell XAU/USD

@1338/1340

Target: 1326/1320
Stop loss: !346.00

good luck !

#forextuitions

Trade closed: stop reached

Stop loss hit
Comments
AmareshAmmy
SL hitted.... lets see what happened...next
djmanosv
another analysis of those that see rally to 1304 ....
Forextuitions
@djmanosv, we can see the price 1304 , but it will not instant , it will go through waves.
djmanosv
@Forextuitions, lets see if it breaks now. otherwisw all similar strategies have failed those days for gold
More