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.
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Comments
Findexs
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Good. I agree
JamesZhang
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Thank you.
PabloDoNazimento
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thanksfor share your knowledge sr, excellent analisys, :)
JamesZhang
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Thank you for your appreciation.
And you are pretty good too.
Just followed you.
Have good day then.