amiiinghasemi

XAUUSD Gold Price Technical Gann Analysis for 11/16/2020

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The Main is Down!
we are experiencing some little retracement for the price. Since there is no news for stimulus, the main trend still remaining down.
the key price for today is 1889.70 where it is the 50 % retracement. Rreaching the price to the 1907.10 will give a good opportunity for sellers to enter.
so the signal for today is:

SELL entry at: 1903.00
SL: 1915.00
TP: 1845.00

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.