airstels

Forecast XAUUSD

Short
airstels Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
#XAUUSD

Gold on the D1 timeframe is moving in a downward channel, again we see that the price has bounced off the sloping trend resistance, the short will be relevant when fixing under the trend line, followed by movement inside the channel to the level of 1600
Trade active:
#XAUUSD

Gold on the 4-hour timeframe has formed the “H&S” pattern. Shorts will be relevant after the breakdown of the neck line support level in order to implement the pattern
Support level & neck: 1660
Comment:
We go to our target zone 1600. If you have sell from 1709 -1700, close half lots, and set to breakeven. Hold and wait our target.

airstels
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