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PeryCapital
Mar 23, 2017 9:44 PM

XAUUSD short term short Short

GoldOANDA

Description

GOLD is rejecting major resistance on 1250 and wanna go for short
pullback to 1235 area.

We can see multiple confirmations
1. EMA and MA cross
2. Trendline break + retest
3. Resistance breaking potential after next rejection to go higher

Don't forget to trade with proper RM/MM and caution
Good luck guys.

Trade closed: stop reached

Closed XAUUSD

Comment

Even the stop was reached and I cancelled my Gold positions, resistance
was still respected and we can see more down on Gold, just keep eyes.
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