Professor_GS

GOLD - TRADE ANALYSIS

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
GOLD - As per the price action, trend lines , & technical indicators gold is expected to go down from the current price.

My approach will be a sell in the range 1759 - 1761

Potential downside :
Target 1 : 1753
Target 2 : 1749
Target 3 : 1743

Maintain stop loss around 1769

Trade as per your risk appetite, I will be glad to see your likes & comment.

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.