SensibullTrading

Gold can still fall further but exercise caution before selling

FX:XAUUSD   Gold Spot / U.S. Dollar
Hello traders! In my last week's Gold trading ideas, I recommended selling Gold@1902.
If you followed the idea, you made a killing when Gold dropped to 1875.
(Previous idea attached below for your reference)


Currently, from the long term perspective, I still see a chance of further drop in Gold . But,
I do not recommend opening sell trades at the current market price.

If you are already followed my previous ideas and holding multiple sell positions from above
1902 level, then you can keep some of your sells open for 1850 target.


Fresh sells can be executed when price reaches at least 1895 region again just to be safe.I will
keep updating the idea in case I find a better entry price.

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Comments

Good set-up. But, what about the possibility of reaching 1950?
+5 Reply
@qwe123rty, For now, the 1915 area is offering resistance. So, that needs to be cleared first :)
Reply
Amazing Setup 😋
+3 Reply
SensibullTrading TRADiNG_hub
@TRADiNG_hub, Thanks a lot friend :)
Reply
Perfect, waiting for more drop
+2 Reply
Fully agree with your idea bro
+2 Reply
if you were a car sir,you would be lambo💥💥

can't wait to murder next week with you 😝
+2 Reply
@moredays10, Thanks man :D
Reply
Great work on last week's Gold calls. Excited for this week too !
+2 Reply
SensibullTrading emillyricci
@emillyricci, Yes, we did great last week! Hoping for good results this week as well :)
Reply