BEARISH on the XAUUSD pair Short

GOLD / U.S. DOLLARICE

Description

⋅ Feb 19, 2018 4:32 AM

GOOD DAY TRADERS

THIS IS MY ANALYSIS ABOUT XAUUSD

I think this is the best time for US $ for rebound, and XAU for bearish
1. Price near strong support.
2. Price has been retest.
3. Reversal signal has been made.

So this what i'm thinking.

I'm going SHORT in this pair.
Entry : Around 1348
Stop Loss : Around 1362.50
Take Profit : Around 1294

U'r very welcome to give a comment.

DISCLAIMER ON

Comments

AlanSimpson

⋅ Feb 19, 2018 4:44 AM

I believe it is dependent upon the Yuan/USD rates of exchange,and the USD/YEN trades .If these 2 asian currencies firm-then USd falls re AU value,maybe not AG yet!!