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ScottMescudiForex

XAUUSD : NF

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
ScottMescudiForex  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis XAUUSD xauusdanalysis xauusdshort xauusdsell
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trendanalysis indicator beyondta xauusd xauusdanalysis xauusdshort xauusdsell
Hi traders

Here the quick analysis for the week :

  • DXY BROKE BEARISH CHANNEL
  • PA COULDN'T STAY OVER SYMMETRICAL WEDGE WITHOUT GETTING REJECTED STRONGLY
  • LOWER LOWS, LOWER HIGHS
  • MACD + RSI DIVERGENCE
  • VERY TECHNICAL DROP (TOUCHING SUPPORT AND FIB EXTENSIONS NICELY WITH RETRACEMENTS)

Here's what I'm thinking for this pair :

XAUUSD SELL
ENTRY : 1320.36
SL : 1329.48
TP : 1281.20

Trade safe!

Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Disclaimer

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