TkayDK

Gold short

Short
TkayDK Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
5
If we brake the support level at 1310 I think the price should test the level around 1260. The week level around 1295-1300 have my attention but I think the buyers first will pick it up around 1260.

Entry: 1308, a bit under the strong support.
TP: 1260, close to the strong support level
SL: 1325, 3xATR and a bit over the week level at 1318.
R=3

Good luck.
Trade active
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.