Vapari_Inc

XAUUSD Short

Short
Vapari_Inc Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Considering that this commodity has a strong resistance zone (2400 - 2420) and it has failed to break it, it means that the bears are dominant.
I am anticipating that the price will continue to form the falling flag pattern so that the bulls may finally gain momentum and break the resistance.
Target Profit - 2280, Stop Loss - 2390, Trade Entry - 2375

Risk-Reward Ratio - 1 : 6

Trade closed: stop reached:
Stop loss reached.

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