nantha82

Downtrend may continue

Short
nantha82 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
My own trade Plan:

Good day traders.

For me, 1792 could be broken again. As last 3 breaks happened during downtrend market.
If 1792 trendline break, my next target would be 1788.

All the best.

Comment:
Good day Trades.
Updating my xau/usd short forecast:
Next Support Target 1768 if 1786.23 broken and confirm with bearish candle.
Weekly and daily timeframe showing price declining. I only procees with short with strong bearish candle and avoid fake bull candle.

Have a good day
Comment:
1st support line broken. I'll will wait for pullback to 1787.81 and if wait for bearish confirmation before Short. My next short TP would be 1770.
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