OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello, Traders!
Monfex is at your service and today we overview XAU/USD.

What do you expect from Gold?

The classic pattern Head & Shoulders here. And XAU for now in the resistance zone, it is a pullback testing. So the best time to open short is now.

Active Trade Signal by XAU/USD
- Sell now near $ 1484,6
- Take profit ~ $ 1448,6 - 1433,6 - 1403
- Stop at $ 1502

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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

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