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FX618Analysis

Yellow Metal Aiming to test 1267.00 level Amid Risk ON appetite!

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
FX618Analysis Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators XAUUSD Gold USD FOMC fed tradewar safehaven yellowmetal Parallel Channel
6
0
trendanalysis chartpattern indicator xauusd gold usd fomc fed tradewar safehaven yellowmetal parallelchannel
snapshot

The above represents the analysis behind this trade setup. keep in mind our target set here is the weekly 50 EMA. Below are the entry details

TRADE TYPE: INSTANT SELL POSITION AT AROUND 1294.00 LEVEL
STOP LOSS: 1321.00
TAKE PROFIT: 1267.00
RR: 1:1

SHALL THERE BE ANY UPDATES I WOULD BE PROVIDING THEM IN THE THREAD. CHEERS
Trade active
Comment:
ADJUST THE STOP LOSS TO 1330.00 LEVEL
Comment:
ADJUST SL TO 1321.00 LEVEL.
Trade closed: target reached:
Target of 1267.00 hit

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