Arunvfx08

Long Term sell in gold Head & shoulder

Short
Arunvfx08 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD Gold now formed Head & Shoulder formation in weekly time frame, so market will come down for some month to achieve target so better be on sell side in long term trades
Trade active
Trade active
Trade active
Trade active
Comment:
Target 1 completed, will wait for little correction up and then will do a conservative sell again towards target 2.
Comment:
if you are aggressive trader can enter this middle at cmp, if you want more profit conservative trader means wait till 1886 and go for sell.
Comment:
Again came to Sell rang 1886. now can enter new seller.
Trade closed manually

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.