YM.Chong
Short

Why I short Gold?

FX:XAUUSD   Gold / U.S. Dollar
125 0 0
After 1225 have been broken and now we switch to observed the psychology support level 1200. Once this psychology level is broken, we look forward the gold             price to 1190 and 1182.

Why short gold? :
1. MACD showed a potential 'death cross'. (a bearish signal which might lead the gold             price lower)
2. RSI still showed bearish while its not yet reach oversold condition.

My Short-Term Strategies:
Short gold             if 1200 broken & take profit at 1190 or 1182 with a stop loss at 1216.

Upcoming data which may affect gold             price:
1. Non Farm Payroll**
2. Unemployment Claim
3. Trade Balance

**Focus the latest news for Middle East geopolitical problem.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out