1/ As I said few days ago, the XAU/USD was in the new trend of falling.
2/ The last high point didn't go above the A point, which indicate the XAU/USD is in falling way.
3/The price recently broke all the Moving Average Lines of 30/60/100 days in 4hours Chart and the UP-TRND line too.
4/Suggest:
Open short order between:1124 - 1130 .
SL at 1140 - 1150. (above the MA lines or above the last high.)
Tp at 1080 - 1084.
Risk/Reward Ratio is about 3.
5/ Don't forget to thumbs up if you like it.
Thank you.
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And you might check the referent chart down here.
2/ The last high point didn't go above the A point, which indicate the XAU/USD is in falling way.
3/The price recently broke all the Moving Average Lines of 30/60/100 days in 4hours Chart and the UP-TRND line too.
4/Suggest:
Open short order between:1124 - 1130 .
SL at 1140 - 1150. (above the MA lines or above the last high.)
Tp at 1080 - 1084.
Risk/Reward Ratio is about 3.
5/ Don't forget to thumbs up if you like it.
Thank you.
----------------------------------------------------------
And you might check the referent chart down here.
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