FUNTRADER-Vera

0811 Before Breakingout GOLD should sidways first

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

On wkly chart, we see the possibility that GOLD test 1900 in the near future.But it wont happen in just few days.

Before breakingout the pressure zone on the daily chart, it is more possible to rang sidway between 1800-1830. You should have different plans for different price action from GOLD.


RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.

GOOD LUCK!!!
LESS IS MORE!

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