omidtrader1367

Time for SELL on GOLD...correction is done...wave 5 ongonig

Short
omidtrader1367 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
abcde correction is done and false breakout of channel happen (which can deceive traders of a strong uptrend move) and price has reach a very strong supply area (resistance between 1280 - 1300)...MACD is show some divergence and weakness of buyers...all signs are telling me to sell and wait for price to reach 1160.00 usd atleast...no matter how long it will take to reach that area...
SL: above 1300.00 tp:1160.00 atleast
Trade active:
SELL active at 1280.00 sl 1301.00 tp 1160
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