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clament28
Aug 20, 2019 1:49 PM

GOLD XAU/USD Trading Idea Week 34 (20/08/2019) Waiting pull back Short

Gold/U.S. DollarFXCM

Description

Few key area to check on
152x ~ 153x act as resistant
1508 next minor resistant/support area
149x strong support region

In Daily tf chart need a pull back!
Still looking forward price to pull back at least till Daily ema area 147x~148x area before further upside
In H4 tf pending chart to form a H&S
*149x support area need to clean break below first to confirm further downside


Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.

Trade active

100pips+/10$+ melted since yesterday night call out

Trade closed manually

Price broke 1508 important resistant, all SELL closed

Congratz to those placed BUY STOP at 1509
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