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cowboy
Nov 21, 2016 7:17 AM

XAUUSD,20161121 Short

Gold/U.S. DollarFXCM

Description

something about the gold this month, as we see the down trend is so clear ,but when look at the left , the important support level at 1200, so the price bounced quickly when it met the blue line .i will plan a short trade but not now ,maybe the 1225 area will be a good entry for short this week .don't miss when the opportunity comes. the 1st tp also at the support level at 1200 , of course ,if the important level is brokenout by drop down power ,the space is open ,enjoy the trip .
good luck with care !

Comment

the important suporrt level @ 1200 was brokenout by power .trade the pullback !
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