Trade_Simple_FX

Gold H4 - Short Setup

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
As per the VN we are 'technically' bearish as we have a big selloff move $110 pulling downside, we also are trading below 1880, which is our resistance zone . Effectively a bearish flag pattern, and a bloody big one at that! The flag consolidation alone is 230 pips. With a target of 350 pips from 1880 to 1915 if we break upside. We haven't had much movement recently so lets see what unfolds.
Want to find our more about us? Check out the website link below!

Website - http://www.tradesimplefx.com

FREE Telegram Channel: https://t.me/Trade_Simple_FX

Instagram: https://www.instagram.com/trade_simple_fx

e-Mail: info@tradesimplefx.com

Comments