Deeppoketz

XAUUSD GOLD Forecast is Bearish/Sell!

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Dear traders,

Here is your XAUUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “7”, and the XAU stands at “Metals mark 2”, meaning that the USD is stronger than the XAU, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.

Our final Take profit is placed at white line labeled "TP 1"
Our Stop Loss is placed at red line labeled "Stop Loss"

Chart Timeframe; H4

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