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effilang
Apr 15, 2020 6:23 PM

XAU|USD - Short Opportunity Short

Gold / U.S. DollarFOREX.com

Description

There is an opportunity to short the XAU|USD on entry into the 1721.00 zone.

- Short entries may be initiated on touch of 1721.00
- Stop Losses should be wide and above the swing high of corrective 1727.65 (Red Horizontal)
- Target Point A: 1680.00 (Green Horizontal)

All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (Yellow)
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