ProCFDTrader

XAUUSD may drop to 1608 area

FX:XAUUSD   Gold Spot / U.S. Dollar
Previous analysis on XAUUSD was spot on and reached exactly 1650 from the entry around 1575 that I had mentioned(idea attached below).
However, currently, it looks like Gold might drop towards the 1608 area before rallying any further.

Note that this is not a recommendation to buy or sell. So traders need to exercise caution before placing any trades.

Comments

Nice set up.
Reply
Interesting, it would have been ideal to get a long there for sure! here is my analysis. playing out rather well.
Reply
Good analysis !! Here is our POV

Reply
thanks\a lot
Reply
Gold will likely rally up after testing the support level, this is stellar work.
Reply
Been following you for about a week now, can honestly say your one of the best trader on this website. Always spot on, Thanks mate
+1 Reply
bro your ideas is just perfect, you are realy good :D , keep going
Reply
Nice analysis!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out