Gold XAU/USD (Downgrade to Slightly Bullish)
Updated View On XAU/USD (25 Mar 2019)
We have been bullish for the past two weeks and we have hit our TP1 already. Now we may be in the mid of trend right now.
It can go to $1,325 soon but be careful when you are adding any long positions.
As for taking any short positions, take your time as we are still way too early to do so.
DYODD, all the best and read the disclaimer too.
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Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
We have been bullish for the past two weeks and we have hit our TP1 already. Now we may be in the mid of trend right now.
It can go to $1,325 soon but be careful when you are adding any long positions.
As for taking any short positions, take your time as we are still way too early to do so.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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It went to $1325 region in the early week, just to have a strong sell down yesterday.
It is rather too heavy.
Now we are at the rangy region of 1,280- 1,290 regions This is where Bull might come in to support the price.
The bear momentum still presents as well.
Summary: Too early to long, but watch your shorts closely if you have.