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Yuriy_Bishko
Jun 21, 2018 6:32 PM

Gold (XAU/USD) Update Short

GOLD / U.S. DOLLARICE

Description

Gold (XAU/USD) Update

Also, as on ''USD/SGD'', I close this deal. But there is still a powerful downtrend. Take a look on this chart as I write 2 weeks ago price bounced from big Range.

At this moment I don't see any technical reason why It can change to uptrend.

If the price will make a Pullbeak to Sell Level $1281.98 I will open Short. There will be the safest place.

S/L set 50 pips upper $1281.98
Goal (T/P) is 7 months low $1236.13
Comments
thefreedommatrix
long term long
JeremyKenneth
Hi Yuriy, do you think that Gold will drop below 1200 level ?
Yuriy_Bishko
@jerekent, i think it will move to 1236, after it we need to look on current situation
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