POSINEXA

Time to sell Gold

Short
POSINEXA Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
The position of Gold is currently below the Weekly and 1 hour Supply Zone, and the projections will start to decline.
Trade active:
Target profit at the price of 1689-1690, using the Fibonacci Extension tool at the ratio of 1.618.

Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.
Trade closed: stop reached:
Got a Stop Loss.
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