NasBaz

Nice 1:11 Risk:Reward Sell on XAU/USD!

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold has recently began making LH & LL after positive US data, but has since recovered a lot of its losses. Although confluences for this trade are strong (resistance + trendline 3rd bounce + 78.6 fib level) i do feel as though gold could push higher. Targets are 1875 --> 1855 ---> 1843
Comment: bring stoploss to breakeven when price reaches $1892
Comment: managed to reenter, bring sl to breakeven

Comments

it will push lower as per price value?
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NasBaz emaskeen786123
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@NasBaz he’s asking buy or sell lol. @emaskeen786123 if you can’t read the chart learn how to or I would suggest stop trading as that is one easy chart to read. Good work @NasBaz👍
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